News about Samsung Pay.
January 19th, 2017
Commuters in Singapore will soon be able to pay for public transport using an NFC-enabled fitness tracker or smartwatch linked to their EZ-Link transit card. The devices will allow for “fast, convenient and reliable” contactless…
January 17th, 2017
US bank Fifth Third has announced it will support the five major mobile payment services — Android Pay, Apple Pay, Masterpass, Microsoft Wallet and Samsung Pay. “Consumers are rapidly adopting mobile payments and we are providing our customers with every option available,” says Jimm Bell from Fifth Third. The bank has witnessed a 133% increase in mobile payments among its customers since it added Apple Pay support in 2015.
January 12th, 2017
Samsung is to add a virtual assistant called Bixby to Samsung Pay, a Samsung Pay Beta page seen by Galaxy Club reveals. “It’s unclear how exactly it’ll work, but we’re hoping you’ll be able to say something along the lines of, ‘Bixby, send $30 to Carlos’,” Sammobile reports. The beta page also hints at the upcoming launch of the Samsung Pay Mini online payments app that was unveiled in May 2016.
January 11th, 2017
Visa cardholders are being automatically entered into a lucky draw for the chance to win one million Thai Baht (US$28,100) worth of gold whenever they use their contactless card or Samsung Pay at more than 20 retail chains across Thailand. The promotion will run until the end of March 2017, with the winner announced on 12 May. Samsung Pay launched in Thailand earlier this month.
January 10th, 2017
January 9th, 2017
The number of daily Samsung Pay users has doubled every week since the launch of Samsung Rewards in the US in November 2016, the company’s Nana Murugesan revealed during a panel session at CES 2017. “The company has also seen an increase in the number of what it is calling power users — that is, those making frequent (almost once every day) payments using the technology,” Android Headlines reports.
January 3rd, 2017
Samsung has unveiled its latest mid-range Galaxy A series of smartphones, which all come equipped with support for Samsung Pay mobile payments. The Galaxy A series includes a 5.7-inch A7 and a 5.2-inch A5, which both include embedded secure elements, as well as a smaller 4.7-inch A3 device. The new smartphones will be available in Russia this month, with expansion to global markets to follow.
December 19th, 2016
Samsung Pay is testing its mobile payment service in India, and could be launched there in the first half of 2017, SamMobile reports. “Since India does not have many NFC-equipped point-of-sale devices, Samsung Pay’s MST (magnetic secure transmission) functionality would be a boon to users,” the publication adds. The move follows the withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes across the country in November 2016.
December 15th, 2016
All Samsung smartphones except for a handful of low-end models will come with Samsung Pay preinstalled from the start of 2017, an official from the company has told Business Korea. The mobile payments service launched in 2015 and was available initially only on Galaxy S6, S6 Edge, S6 Edge+ and Note 5 models. It is preparing to launch the Samsung Pay Mini app in January 2017, which will be available on all Android handsets but has been blocked by Apple from appearing on its app store.
December 12th, 2016
Samsung has begun a beta trial of Samsung Pay in Malaysia with Maybank. Customers with an eligible Samsung device can register to join the beta test now, using their Visa debit, credit or prepaid card. “Successful beta testers stand to win RM100 (US$22) cashback when you spend with Samsung Pay from 12 December 2016 to 11 February 2017,” Maybank says. Samsung revealed its plans to launch Samsung Pay in Malaysia in October this year.
December 7th, 2016
Samsung Pay is to be launched in the UK in 2017, the company has confirmed to NFC World. It was expected the mobile payment service would go live in the UK in 2016, after Samsung Pay’s European head Nathalie Oestmann revealed a UK and Spain debut would be happening “very soon” during the company’s European Forum 2016 event in February.
November 30th, 2016
USAA Bank has updated its digital wallet offering to enable users to add their auto insurance card and medical insurance card to the app. “Members can access their proof of insurance, including a printable PDF for insured vehicles,” USAA says. “Members can also access their Medicare insurance information through their digital wallet.” The service also offers support for Apple Pay, Android Pay and Samsung Pay for USAA Visa and American Express debit and credit cardholders. It added biometric authentication in January 2015.
November 25th, 2016
Samsung Pay users in Singapore can add their EZ-Link NFC SIM cards to compatible Samsung devices and pay for public transport as well as retail purchases, in the same way as they would using their…
November 22nd, 2016
Samsung Pay is aiming to grasp “the largest share” of the Taiwan market following approval from the Financial Supervisory Commission (FSC) to enter the country, along with Apple Pay and Android Pay. “Several banks that work with the three mobile payment brands are testing their systems and seek approval from the FSC before the Samsung services kick off in the local market,” China Post reports. Samsung Pay’s Thomas Ko spoke to NFC World about the mobile payment service’s expansion plans at Money20/20 last month.
November 22nd, 2016
Samsung Pay will be supported on Samsung’s Gear S3 Classic and Gear S3 Frontier smartwatches without having to be paired with a Samsung smartphone. “If you pair the device with any Android smartphone with KitKat or newer, Samsung Pay will work,” 9to5mac reports. “Samsung could release the Samsung Pay app for other Android devices to power the Gear S3, or the company could integrate that service into the Gear Manager app which handles the connection with the wearable.” Samsung unveiled the Gear S3 with Samsung Pay support in September 2016.
November 15th, 2016
Samsung Pay is to launch a rewards programme in the US this week that will let users earn points for each purchase, which can be redeemed for items such as gift cards at participating stores,…
November 10th, 2016
The value of mobile payment transactions made in the US is expected to rise 183.3% this year to US$27.67bn, more than doubling next year and reaching US$314.13bn by the year 2020, research released by eMarketer…
November 8th, 2016
Customers of Russian bank Sberbank can now add their cards and make payments through Samsung Pay. “Beginning November 8, Sberbank customers with Mastercard credit or debit cards can register them for use with Samsung Pay,” Samsung says. With the new partnership, Samsung Pay is now available from seven major banks including Alfa-Bank, VTB24, MTS Bank, Raiffeisen Bank, Russian Standard Bank and Yandex. The mobile payment service launched in Russia last month.
November 8th, 2016
A screenshot taken by a Reddit user of the Samsung Pay app suggests Canadian bank CIBC will be the launch partner for the mobile payment service when it becomes available in the country some time this year. “Sticktoit360 wasn’t able to verify whether the tap and pay functionality of Samsung Pay actually works in Canada because they’re a BMO customer,” Mobile Syrup reports. Reports that the service was expected to go live in Canada in early November emerged last month.
November 2nd, 2016
More than half of US consumers (60%) are currently using a method of digital payment with the most popular proving to be PayPal, used by 51%, a study conducted by Thales in conjunction with Wakefield Research reveals. Apple Pay came in second with 11%, followed by Google Wallet (7%), Android Pay (6%), Chase Pay (6%), Samsung Pay (5%) and Venmo (3%). “88% of respondents reported they would discontinue using digital payments if they personally fell victim to cybercriminal activities as a result of a data breach,” the survey finds.