How best are those two Samsung’s new Galaxy Note5 and Galaxy S6 Edge+ go by before Apple launches new iPhones (6s, 6s Plus) to the market worldwide is unknown at this moment, but one thing is curious and that is there was no big changes made by the South Korean electronics with the iteration of Galaxy Note5/S6 Edge+, and the only refresh was if you mind nothing would be the screen size, camera and metal-coating. Now that, Samsung has announced the launch of a new payment system vs. Apple Pay in the form of Samsung Pay, as clarified, following the footsteps of Mac maker who have already made it live online.
Release dates have not been confirmed by Samsung for those countries currently, but the new Samsung Pay service will be launching in the United States on September 28th, followed with the roll out for the UK, Spain and of course, China. Samsung Pay works almost anywhere your credit card does.
Samsung Pay will be pre-loaded on select Galaxy S6 Edge+ and Note5 devices and a free software upgrade will be seeded mid-August 2015. Activated Android user to use Samsung Pay on devices such as Galaxy S6 and S6 Edge in the U.S. and Korea.
Watch Samsung Pay in action, below:
Here’s a brief look at Samsung Pay in action on its new Galaxy S6 Edge+ and Note 5 phones. While Samsung Pay offers NFC payments just like Apple Pay, its real differentiating feature is its ability to mimic traditional magnetic card swipes, technology which came over with Samsung’s acquisition of LoopPay earlier this year. Compatible with the vast majority of stores with standard credit card readers – no need to hunt down NFC-equipped registers.
Before the finalized version of its release, a beta test for Samsung Pay will kick off in the US this month, though at this time, details are sparse. Samsung has finally unveiled the working technology, after teasing Samsung Pay back at WMC in March, and today a launch date in conjunction with the announcement of the Note5 and S6 Edge+. Try Samsung Pay for overseas in a demo setting – here’s how does it works.
Process is pretty simple. Once you have Samsung Pay on your phone, set up with your credit card, debit, loyalty and gift cards – the Pay app stores securely with Samsung KNOX – you’ll be ready to pay at any time anywhere. Juts make a swipe up on your phone’s screen, starting at the very bottom, while on the standby or at the lock screen and it’ll launch the Samsung Pay interface.
Your default card will be displayed, or you can also quickly swipe between choices to get the right card for the payment job done perfectly. Once you select a card, just place your finger on the Home button for fingerprint authentication – or enter a PIN if your prefer – and place the phone on the payment terminal within the 15 seconds authentication timeout period.
If the terminal support NFC, then you’ll have to set the phone up against the NFC receiver area, and if it’s a standard credit card swiping machine, you simply place the phone virtically over the slot where you would normally swipe a card – this is MST (Magnetic Secure Transaction) tech. No need to wave the phone or anythine else – just place it there for a couple seconds, and the payment is complete.
This is a demo situation Samsung Pay is likely to work more often than not, but the real test will be when it gets out into the world and you’re tapping your Galaxy Note 5 on payment terminals, which we never seen before. Once Samsung Pay launches in Korea on August 20, we witness how it works on the newly launched Galaxy S6 Edge+ and Galaxy Note 5. Later on September 28th in the United States. Saty tuned!
Samsung explains more :
Select U.S. users of Galaxy S6, S6 edge, S6 edge+ and Note5 will be able to participate in a beta trial from August 25 ahead of the September 28 launch.
• 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 reduce the security risks inherent to plastic cards.
• VIRTUALLY ANYWHERE: With Magnetic Secure Transmission (MST) and Near Field Communication (NFC) technologies, Samsung Pay works with most existing point-of-sale (POS) terminals. That means it’s the only mobile payment service that works virtually anywhere you can swipe your credit card or debit card.