Samsung Pay
Samsung Pay is a payment method owned and controlled by Samsung, built on the tokenization specifications of the payment networks (Visa, MasterCard, American Express). The combination of card scheme tokenization and device security provided by the fingerprint scanner and Secure Element (hardware chip in the device) provide a secure and seamless payment method.
Payment pricing
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Extremely secure, requiring authentication by fingerprint or PIN number
Can also be used to store loyalty cards
Both compatible with NFC terminals, as well as MST (Magnetic Stripe Transmission)
Features
Payment type | Digital wallets | |
---|---|---|
Channel | Online | |
Available in | Asia Pacific | Hong Kong, Singapore |
Europe | Sweden, Spain, Switzerland, United Kingdom | |
Oceania | Australia | |
North America | Canada, United States | |
Currencies | Settlement currency | USD |
Processing currency | AED, EUR, AUD, INR, USD, MYR | |
Other | Refunds | |
Partial refunds | ||
Multiple partial refunds | ||
Multiple partial captures | ||
3D Secure | ||
Chargebacks | ||
Local entity required | ||
Sales day payout | ||
Settlement delay | Depending on acquirer | |
Recurring |
How to integrate payment methods
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