Samsung Pay rolls out on Verizon-carried Samsung devices
The Samsung Pay was developed by the Samsung team as a personalized and privately owned payment option as opposed to the Apple Pay and what it should have been running – the Android Pay. Testing in its home country, South Korea, has revealed that the Samsung Pay programme is reliable and ready for use and as such, Samsung has already started to reel the service out to users, especially those on new devices.
Sometime in the late of last week, Verizon announced to its users on the Samsung Galaxy S6, Samsung Galaxy S6 Edge+, Samsung Galaxy S6 Edge and Samsung Galaxy Note 5 that it had released an update. This update did well to fix a lot of bugs and security concerns and above all, brought Samsung Pay on board.
Bringing Verizon on board now means that the Samsung Pay is now supported by all of the four major US carriers – AT&T, Sprint, T-Mobile and now, Verizon. The major boost that the Samsung Pay has over Apple Pay and Android Pay is that is supports Magnetic Secure Transactions (MST) which is accepted much more widely (with about 90% of retailers) around the globe.
A major challenge to Samsung Pay in the US has to be that it supports only a few banks but if Samsung is really wishing to go the distance, this would change soon.
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