Apple raised the bar in the mobile payment industry with the release of Apple Pay in 2014. Last year Google released Android Pay. Now Samsung has released their own mobile payment system called Samsung pay.
At the moment Samsung Pay is limited to the Galaxy S6, S6 Edge, S6 Edge Plus, Gear S2, Galaxy S7, Galaxy S7 Edge and the Gear S3, Samsung’s new smartwatch.
The president of Samsung’s mobile business division Koh Dong-jin made the following statement to Business Korea. “We have decided to pre-install Samsung Pay devices in Samsung Electronics’ smartphones to be released from ,”
A recent article on Mashable also supports this claim which states that Samsung is exploring new ways to bring Samsung Pay to their nonpremium devices in an effort to play a bigger role in mobile payments in India. The Samsung J series phones will also be supported, these phones are extremely popular in India.
The Gear manager app was recently updated, now it allows Gear S3 users to use Samsung Pay, whether or not they own a Samsung phone. The majority of Android smartphones with 4.4 KitKat and above would work. However, Samsung says that there are a few exceptions such as the Google Pixel and Google Pixel Xl.
It’s amazing how far smartphone technology has come since the advent of the smartphone. Would you consider using Samsung Pay? Please let me know your thoughts in the comment section below.