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Samsung Pay
Samsung Pay is a digital wallet and mobile payment solution developed by Samsung, designed to facilitate secure and contactless transactions. Available in over 25 countries, including the United States, South Korea, and several European nations, Samsung Pay allows users to pay using their Samsung smartphones or smartwatches at participating merchants. It leverages both NFC (Near Field Communication) and MST (Magnetic Secure Transmission) technology, making it widely accepted even at traditional card-swiping terminals.
This payment method is ideal for both in-store and online purchases, supporting credit cards, debit cards, and gift cards within a single wallet. For online merchants, Samsung Pay offers a streamlined checkout process, enabling faster payments and reducing cart abandonment. The platform is particularly useful for merchants in countries where Samsung Pay is widely adopted, providing an additional payment option that caters to tech-savvy consumers.
Samsung Pay also benefits nationals of supported countries when they travel or live abroad, as it allows them to use their saved payment cards internationally where Samsung Pay is accepted. With robust security features, including tokenization and biometric verification, Samsung Pay ensures a safe and convenient payment experience for global users.
Samsung Pay
Features
| Payment type | Wallet |
|---|---|
| Merchant locations |
Australasia and Pacific Australia Asia East China, India, Japan, South Korea Europe and Russia Germany, Italy, Spain, United Kingdom North America United States of America |
| Currencies |
Settlement currency : AUD, CNY, EUR, GBP, JPY, KRW, USD Processing Currency : AUD, CNY, EUR, GBP, JPY, KRW, USD |
| Other |
Refunds : ✔️ |