Samsung Pay
Mobile payment and digital wallet service / From Wikipedia, the free encyclopedia
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Samsung Pay (stylized as SΛMSUNG Pay) is a mobile payment and digital wallet service, operated by the South Korean company Samsung Electronics. It lets users make payments using compatible smartphones and other Samsung-produced devices, accessed using the Samsung Wallet app.
Quick Facts Developer(s), Initial release ...
Developer(s) | Samsung Electronics |
---|---|
Initial release | August 20, 2015; 8 years ago (2015-08-20) |
Operating system | |
Platform | Selected Samsung Galaxy smartphones & Galaxy Watch smartwatches |
License | Proprietary |
Website | samsung.com/samsung-pay |
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First launched in 2015, 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 devices released before 2021.[1][2] In India, it also supports bill payments.[3]