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.
Defined by card used
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)
United States, Canada*
Hong Kong*, Singapore*
Spain*, United Kingdom*, Sweden*, Switzerland*
* Online only
AED, EUR, AUD, INR, USD, MYR
Multiple partial refunds
Multiple partial captures
Local entity required
Sales day payout
Depending on acquirer
Frequently Asked Questions
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