Samsung Electronics has announced that Samsung Pay, their mobile payment solution, now supports 50 popular merchant gift cards in a new gift card store. Samsung Pay is currently the most accepted mobile payment system as it works with newer NFC payment terminals and also older MST technologies. The only Tizen device at present that will support Samsung pay, in early 2016, is the Gear S2 which supports NFC method of payment.
Samsung Pay allows you to purchase, store, pay with, and share gift cards right from your Samsung phone. The 50 popular merchant gift cards including Babies“R”Us and Toys“R”Us, Bass Pro Shops®, Domino’s®, eBay, GameStop®, Nike, Regal Entertainment Group and Staples in partnership with Blackhawk Network.
The company are also looking at expanding support for more gift card options in the coming months.
“With the support of more than 50 major retail gift cards and the launch of the in-app gift card store, Samsung Pay is bringing consumers an easier way to use gift cards,” said Injong Rhee, EVP of Samsung Electronics, Global Head of Samsung Pay.
Gift cards are very much in demand as a gift item, but all too often people tend to forget them at home, just when they are needed the most. With Samsung Pay, your gift cards are in your mobile which is usually by your side.
Features
- SIMPLE: To make a payment on Samsung Pay, users can simply swipe up, scan their fingerprint and pay.
- SAFE: Samsung Pay uses tokenization, Samsung KNOX, and fingerprint authentication to provide secure payments. And, as terminals are upgraded to EMV, that security is leveraged, too.
- ALMOST ANYWHERE*: Samsung Pay is compatible with the majority of existing and new terminals, including most magnetic stripe, EMV and NFC terminals. That means Samsung Pay works at more places than any other mobile payment service.
