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    News in brief

    US to get Samsung Pay in September

    News in brief

    Samsung Pay will launch in Korea on 20 August and in the US on 28 September, the handset maker confirmed as it announced two new flagship devices in New York yesterday. “Samsung plans to roll out the service in the UK, Spain and China as well,” the company says of its fingerprint-secured NFC- and MST-based mobile payment offering. “Select US users of Galaxy S6, S6 Edge, S6 Edge+ and Note 5 will be able to participate in a beta trial from 25 August ahead of the 28 September launch.”

    Filed by Email Mike Clark Published • Last updated 14 August 2015, 07:22

    • Willam Hugh Murray, CISSP

      The fundamental security problem in our present payment system is that the payment authorization number, usually a credit card number, can be fraudulently re-used. Tokenization of this number prior to exchange at the point of sale addresses this vulnerability. Apple Pay does this. Samsung Pay may do this. It may do so using NFC and/or MST. Does anyone know what it does do?

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