Samsung Pay
Samsung Pay (stylized as SΛMSUNG Pay) is a mobile payment and digital wallet service by Samsung Electronics that lets users make payments using compatible phones and other Samsung-produced devices. The service supports contactless payments using near-field communications (NFC), but also supports magnetic strip-only payment terminals by incorporating magnetic secure transmission (MST) in select devices.[1] In India, it also supports bill payments.[2]
| Developer(s) | Samsung Electronics |
|---|---|
| Initial release | August 20, 2015 |
| Operating system | |
| Platform | Selected Samsung Galaxy smartphones & Galaxy Watch smartwatches |
| License | Proprietary |
| Website | samsung.com/samsung-pay |
The service was launched in South Korea on August 20, 2015, and in the United States on September 28 of the same year.
Service
Samsung Pay was developed from the intellectual property of LoopPay, a crowdfunded startup company that Samsung acquired in February 2015 for an estimated $300m, one of the largest acquisitions made by the firm. The service supports both NFC-based mobile payment systems (which are prioritized when support is detected),[3] as well as those that only support magnetic stripes. This is accomplished via a technology known as magnetic secure transmission (MST), which emulates the swipe of a permanent magnet strip past a reader by generating the near-field magnetic waveform directly. LoopPay's developers stated that because of this design, the technology would work with "nearly 90%" of all point-of-sale units in the United States (which excludes terminals that require the card to be physically inserted into a slot in order to function).[1]
On phones, the Samsung Pay menu is launched by swiping from the bottom of the screen. Different credit, debit and loyalty cards can be loaded into the app, and selected by swiping between them on-screen.[3]
In South Korea, Samsung Pay can be used for online payments[4] and to withdraw money on selected banks' ATMs.[5]
In Mainland China, Samsung Pay supports In-app payments, QR code payments (Alipay, and WeChat Pay) and public transportation cards of Beijing, Shanghai, Guangzhou, Shenzhen, and other cities.
In Hong Kong, Samsung Pay can be linked with Octopus cards, called Smart Octopus, to make electronic payments with stored value service for payments in online or offline systems.[6]
In India, Samsung Pay supports Unified Payments Interface (UPI) and BharatQR.[7] It also supports bill payments via the Bharat Bill Payment System (BBPS).[2]
In May 2020, Samsung Pay unveiled Samsung Money by SoFi, a mobile-first money management experience that makes available a cash management account and accompanying Mastercard debit card via the Samsung Pay app, in partnership with fintech company SoFi.[8]
In June 2022, Samsung Pay was renamed to Samsung Wallet in the US, UK, France, Germany, Italy, and Spain. Along with the renaming came new features such as the ability to store digital assets and digital keys within the Wallet app. These new features also came to the Samsung Pay app in South Korea, despite it not adopting the new "Samsung Wallet" name.[9][10]
Security
Samsung Pay's security measures are based on Samsung Knox and ARM TrustZone technologies; credit card information is stored in a secure token.[3] Payments must be authenticated using a fingerprint scan or passcode.[11][12]
In August 2016, security researcher Salvador Mendoza disclosed a potential flaw with Samsung Pay, arguing that its security tokens were not sufficiently randomized and could become predictable. He also designed a handheld device that could be used to skim magnetic secure transmission tokens, and another which could spoof magnetic stripes on actual card readers using the token. Samsung responded to the report, stating that "If at any time there is a potential vulnerability, we will act promptly to investigate and resolve the issue".[13]
Samsung Pay will not work with devices whose Knox warranty bit is tripped.
Availability
Supported countries
Samsung Pay in South Korea, for all intents and purposes, is the Samsung Wallet app. It just is not known as the same name that it is known by in other regions.
| Date (In chronological Order) | Support for payment cards issued in | Samsung Wallet availability |
|---|---|---|
| August 20, 2015 | South Korea[14] | Partial |
| September 28, 2015 | United States[14][15] | |
| March 29, 2016 | China[16][17] | |
| June 2, 2016 | Spain[18] | |
| June 15, 2016 | Australia[19] | |
| June 16, 2016 | Singapore[20] | |
| July 13, 2016 | Puerto Rico[21] | |
| July 19, 2016 | Brazil[22] | |
| September 28, 2016 | Russia[23] (Only Mir)[24][note 1] | |
| November 8, 2016 | Canada[27][28] | |
| February 24, 2017 | Malaysia[29] | |
| March 22, 2017 | India[30] | |
| April 27, 2017 | Sweden[31] | |
| United Arab Emirates[32] | ||
| May 16, 2017 | United Kingdom[33] | |
| May 23, 2017 | Switzerland[34] | |
| Taiwan[35] | ||
| May 25, 2017 | Hong Kong[36] | |
| September 28, 2017 | Vietnam[37] | |
| November 15, 2017 | Belarus[38] | |
| March 22, 2018 | Italy[39][40] | |
| April 26, 2018 | France[41] | |
| August 21, 2018 | South Africa[42][43] | |
| March 23, 2019 | Indonesia[44] | |
| January 21, 2020 | Kazakhstan[45] | |
| September 20, 2020[citation needed] | Kuwait[46] | |
| October 28, 2020 | Germany[47] |
In May 2016, it was reported that Samsung was developing a spin-off of the service known as Samsung Pay Mini. This service will be used for online payments only, and is also being targeted as a multi-platform service.[48]
In January 2017, Samsung has confirmed that Samsung Pay Mini will not only work on its Galaxy devices but on other Android phones as well, as long as they are running Android Lollipop or above and have a screen resolution of 1280 × 720 pixels or higher.[49][50]
In June 2017, Samsung launched Samsung Pay Mini and currently available on Galaxy J7 Max/On Max (in India)[51]
Availability is limited not just on the basis of where the payment card is issued, but also on the basis of the phone's region (CSC) code. Thus a phone made for an unsupported region can never use Samsung Pay even if it physically resides in a supported region and has a local SIM card. The rather unrelated error "Connection error. Unable to connect to Samsung Pay temporarily. Try again later." is how Samsung Pay reports this problem.
In June 2020, Samsung announced a partnership between Samsung Pay, Curve and Mastercard for the launch of Samsung Pay Card in the UK and more EE countries where Curve has customers later in 2020.
From September 2021, Samsung Pay Mini was made available for Galaxy A and Galaxy M series.[52][53]
Unlike other mobile wallet providers such as Google, Samsung did not fully join the sanctions on Russia after the invasion of Ukraine in February 2022, as Samsung Pay was still partly operating in the country.
Usage within public transport systems
Due to the open nature of the Android platform, some transit cards are only available through other Android-based mobile wallets or via their own apps (e.g. SmarTrip for Google Pay or PASMO for Android). In addition, Samsung Pay does not allow for users in one region to purchase cards for another. Galaxy devices must be purchased from the region their desired transit card hails. For public transport systems where transit cards can be used, passengers can ride with Samsung Pay if such transit or payment cards can be added to Samsung Pay. Here are the scenarios where Tap & Pay mode is available.
| Country/Region | Scenario | Fare Payment Method(s) |
|---|---|---|
| Australia[54] | All stations of Transport for NSW | Debit and credit cards |
| China mainland[55] | All forms of transit and stores that accept Beijing Transit cards | Beijing Transit Card |
| All forms of transit that accept Shanghai Transit cards and selected forms of transit that accept China City Union cards | Shanghai Transit Card | |
| All forms of transit that accept China T-Union cards | Beijing T-Union Transit Card, Changsha Transit Card, Changzhou Transit Card, Dalian Transit Card, Foshan Transit Card, Guangzhou Transit Card, Nanjing Transit Card, Shanghai T-Union Transit Card, Shenzhen Transit Card, Shijiazhuang Transit Card, Suzhou Transit Card, Xiamen Transit Card, Xi'an Transit Card, Xuzhou Transit Card | |
| France[56] | Select forms of transit that accept Navigo | Navigo |
| Hong Kong[57] | All forms of transit and stores that accept Octopus | Octopus |
| Italy[58] | All stations of Milan Metro | Debit and credit cards |
| All stations of Rome Metro | Debit and credit cards | |
| Russia (suspended)[24][59] | Select stations of Moscow Metro | Troika (previously added cards only, new cards not allowed), debit and credit cards |
| Singapore[60] | All forms of transit and stores that accept SimplyGo | SimplyGo, debit and credit cards |
| South Korea[61] | All forms of transit and stores that accept Cashbee | Cashbee |
| All forms of transit and stores that accept T-Money | T-Money | |
| Taiwan[62] | All forms of transit and stores that accept EasyCard | EasyCard |
| United Kingdom[63] | All stations of Transport for London | Debit and credit cards |
| United States[64] | All stations of Metropolitan Transportation Authority | Debit and credit cards |
| All stations of TriMet | Debit and credit cards | |
| All stations of Chicago Transit Authority | Debit and credit cards |
In addition to the above scenarios, Samsung Pay can still be used with other non-Tap & Pay readers that accept contactless open loop payment cards, but they will have to be verified beforehand.
Compatible devices
Flagship smartphones
Galaxy S
- Samsung Galaxy S6 (MST technology limited to some markets, NFC technology available on all models)
- Samsung Galaxy S7
- Samsung Galaxy S8
- Samsung Galaxy S9
- Samsung Galaxy S10 (NFC only for S10 Lite)
- Samsung Galaxy S20
- Samsung Galaxy S21 (NFC Only for all S21 models)
- Samsung Galaxy S22 (NFC Only for all S22 models)
Galaxy Note
- Samsung Galaxy Note5
- Samsung Galaxy Note7
- Samsung Galaxy Note FE
- Samsung Galaxy Note8
- Samsung Galaxy Note9
- Samsung Galaxy Note10 (NFC only for Note 10 Lite)
- Samsung Galaxy Note20
Galaxy Z
- Samsung Galaxy Fold
- Samsung Galaxy Z Flip
- Samsung Galaxy Z Fold2
- Samsung Galaxy Z Fold3
- Samsung Galaxy Z Flip 3
- Samsung Galaxy Z Fold4
- Samsung Galaxy Z Flip4
Mid-range smartphones
Galaxy A
- Samsung Galaxy A5 (2016), A7 (2016), A8 (2016), A9 (2016) and A9 Pro (2016)
- Samsung Galaxy A3 (2017), A5 (2017) and A7 (2017)
- Samsung Galaxy A6 / A6+ (NFC only)
- Samsung Galaxy A8 (2018) (NFC only for A8 Star (2018)
- Samsung Galaxy A7 (2018) and A9 (2018) (NFC only)
- Samsung Galaxy A40, A50, A70 and A80 (NFC only)
- Samsung Galaxy A30s, A40s, A50s and A70s (NFC only)
- Samsung Galaxy A90 5G (NFC only)
- Samsung Galaxy A21, A31, A51 & A51 5G, A52 5G and A71 & A71 5G (NFC only)
Galaxy M
Samsung Galaxy M42 5G (also known as Samsung Galaxy A42 5G in other countries)
Galaxy J
- Samsung Galaxy J5 & J7 (2016)
- Samsung Galaxy J5 (2017)/J5 Pro
- Samsung Galaxy J7 (2017)/J7 Pro
- Samsung Galaxy J7 Max (2017)
Galaxy C and others
Available to Samsung Pay users within Hong Kong, Macau and China.
- Samsung Galaxy C5 and C5 Pro
- Samsung Galaxy C7 and C7 Pro
- Samsung Galaxy C9 and C9 Pro
- Samsung Galaxy On5 (2016) (also known as Galaxy J5 Prime in other countries)
- Samsung Galaxy On7 (2017) (also known as Galaxy J7 Prime in other countries)
- Samsung Galaxy Quantum2 (NFC and MST)
- Samsung W2017 (non-Galaxy smartphone)
- Samsung W2018 (non-Galaxy smartphone)
Smartwatches
- Samsung Gear S2 (NFC only)[1][3]
- Samsung Gear S3 (NFC and MST)
- Samsung Gear Sport (NFC only)
- Samsung Galaxy Watch (NFC only)
- Samsung Galaxy Watch Active (NFC only)
- Samsung Galaxy Watch Active 2 (NFC only)
- Samsung Galaxy Watch 3 (NFC only)
- Samsung Galaxy Watch 4 (NFC only)
- Samsung Galaxy Watch 5 (NFC only)
See also
References
- ^ As of March 2022, Samsung Pay for Mastercard and Visa is disabled in Russia due to international sanctions imposed as part of its response to the 2022 Russian invasion of Ukraine and due to financial uncertainty in Russia.[25][26]
- ^ a b c "Samsung Pay: What you need to know (FAQ)". CNET. Retrieved September 2, 2016.
- ^ a b "Samsung India Introduces 'Bill Payments' on Samsung Pay, Now Pay all Your Utility Bills Securely". news.samsung.com. Retrieved January 3, 2018.
- ^ a b c d "Samsung Pay: What is it, how does it work, when is it coming to the UK?". Pocket-lint. Retrieved September 2, 2016.
- ^ "Samsung Pay ATM Cash Withdrawals Go Live, but with Limited Availability for Now". April 29, 2016.
- ^ J Yeo (August 21, 2015), 삼성페이로 우리은행ATM에서 인출하기 How to withdraw from Wooribank ATM, retrieved May 21, 2016
- ^ "Now your phone can replace your Octopus card (if it's a Samsung)". South China Morning Post. Retrieved December 12, 2017.
- ^ "Samsung Pay Launched in India; UPI Integration Announced". NDTV Gadgets360.com. Retrieved January 3, 2018.
- ^ "Introducing Samsung Money by SoFi: Do More With Your Money". May 27, 2020.
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- ^ "SAMSUNG PAY | Samsung 대한민국". Samsung sec (in Korean). Retrieved July 2, 2022.
- ^ "First Look: Samsung Galaxy S6, Galaxy S6 Edge Finally Gets a Premium Design". Re/code. March 2015. Retrieved March 1, 2015.
- ^ "Loop turns almost any point-of-sale system into a mobile payment machine (hands-on)". Engadget. Retrieved March 2, 2015.
- ^ "Flaw in Samsung Pay lets hackers wirelessly skim credit cards". ZDNet. Retrieved September 2, 2016.
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- ^ Catherine Shu (March 29, 2016). "Samsung Pay just launched in China, but already faces fierce competition". techcrunch.com. Retrieved March 24, 2018.
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- ^ a b Samsung Pay - Партнеры | Samsung РОССИЯ
- ^ "Карты всех платежных систем в России продолжают нормально работать | Банк России". www.cbr.ru. Retrieved February 25, 2022.
- ^ "SamsungPay и SberPay будут недоступны для карт Visa и Mastercard". RIA Novosti. Retrieved March 7, 2022.
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