Wearables

Samsung Pay will work with most US credit card readers starting in September

Samsung Pay will work with mos...
Samsung Pay will be coming to the US in September
Samsung Pay will be coming to the US in September
View 3 Images
Samsung Pay is encrypted via Samsung Knox, using single-use codes for transactions, and never sharing personal information
1/3
Samsung Pay is encrypted via Samsung Knox, using single-use codes for transactions, and never sharing personal information
It's designed to be simple to use – you swipe to select a stored card, hold your finger on the sensor and you're done
2/3
It's designed to be simple to use – you swipe to select a stored card, hold your finger on the sensor and you're done
Samsung Pay will be coming to the US in September
3/3
Samsung Pay will be coming to the US in September

Samsung's new payment service, imaginatively named Samsung Pay (ahem), is set to arrive in the US next month. It's designed for friction-free adoption, and will work "practically anywhere", making it easier for customers and business to use.

Like Apple Pay, Samsung's service offers NFC payments, but it will also work with Magnetic Secure Transmission (MST), meaning you should be able to use it anywhere that you'd use a normal credit debit card. It essentially tricks traditional card-readers into thinking it's a piece of plastic.

It's designed to be simple to use: hold your finger on the sensor and you're done. It's also encrypted via Samsung Knox, with single-use codes for transactions, and never sharing personal information.

Samsung Pay is set to launch on September 28 in the US, and a little earlier – August 20 – in the company's native South Korea. You'll need a Galaxy S6 or newer to make use of it, and it'll be preloaded on the new Note 5 and S6 edge+ phablets.

Source: Samsung

1 comment
John Banister
When I hear about a payment service, what interests me most is the transaction fees. Since the computer time for the transaction is about the same as for recording phone call metadata, which is done for free these days, the high cost of current transactions seems ripe for a great amount of reduction.