Can I use Samsung Pay even without a data connection? But the app should automatically generate a new account number when your bank issues a new card.Īlso, your digital card information will automatically update when you get a new card issued, such as when you're nearing the expiry date. If you lose your physical credit or debit card, once you've contacted your bank to cancel it, you won't be able to use it for a period of time within Samsung Pay. If you register with Samsung's Find My Mobile service you can remotely erase information on the phone, including any cards stored in Samsung Pay. Payments can't be made from your phone without being authorized via fingerprint, PIN or iris scan. What if I lose my phone or my plastic card? Each time a purchase is made, the phone sends two pieces of data to the payment terminal: the first is a 16-digit token that represents the credit or debit card number, while the second is a one-time code or cryptogram generated by the phone's encryption key. Samsung Pay does not store the account or credit card numbers of cards on the device, instead using tokenization for transactions. However, you will need to sign up for a prepaid debit card called Samsung Pay Cash and your friends or family will also need to have a Samsung Pay Cash account to receive money.Īs of January 2021, Samsung no longer gives users Samsung Rewards points for every purchase, but transactions made at, the Galaxy Store and other Samsung purchases will still earn points. Samsung Pay also lets you make peer-to-peer payments. Chase Pay users can link their existing digital wallet with Samsung Pay.Īpple Pay and Google Pay let you pay friends and family through Apple Cash over iMessage, and Google Pay over Gmail, messages or the Google Assistant. Samsung Pay also offers a cash back feature, promotions including bonus Samsung account points and vouchers with a number of participating retailers. The main difference is that Samsung Pay works at almost all stores that accept credit or debit cards, not just those with tap-to-pay NFC terminals (as long as you own a Galaxy phone released before 2021 in the US). How does Samsung Pay differ from Apple Pay or Google Pay? It's also listed in the Samsung Pay app.įrom a watch, press and hold the appropriate button to launch Samsung Pay, then tap the watch against the terminal. Once the payment is made you'll get a notification that confirms the merchant name and the amount. If you're using a debit card through Samsung Pay, you may still need to enter the card PIN on the terminal. You'll see a transaction notification pop up at the top of the screen. While future devices will no longer include magnetic stripe technology (MST), customers with previous, compatible Galaxy devices will be able to continue using Samsung Pay, including MST," Samsung said in a statement to CNET. "Due to the rapid adoption of near field communication (NFC) technology by consumers and businesses, beginning with devices launched in 2021, Samsung Pay will focus its support on NFC transactions, across the Galaxy portfolio. However, starting with the Galaxy S21, new Galaxy phones released in the US will no longer support MST. In 2015 Samsung acquired mobile payment company LoopPay, which developed the specific MST technology used for Samsung Pay. ![]() The phone emits a magnetic signal to simulate the magnetic strip found on the back of a credit or debit card when you hold the phone against one of these readers. The second is magnetic secure transmission (MST) for older terminals where you would normally swipe a card. The first is near-field communication (NFC) for tap-to-pay transactions at contactless terminals. Samsung Pay uses two technologies that allow it to work almost anywhere. ![]() A total of 10 cards can be added to Samsung Pay.
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