Samsung Pay (stylized as SΛMSUNG Pay) is a mobile payment and digital wallet service, operated by the South Korean company Samsung Electronics. It lets users make payments using compatible smartphones and other Samsung-produced devices, accessed using the Samsung Wallet app.
First launched in 2015, the service supports contactless payments using near-field communications (NFC), but also supports magnetic strip-only payment terminals by incorporating magnetic secure transmission (MST) in devices released before 2021.[1][2] In India, it also supports bill payments.[3]
^Welch, Chris (January 14, 2021). "The Galaxy S21 doesn't support Samsung Pay's most convenient feature". The Verge. Retrieved March 14, 2023.
^Cite error: The named reference cnet-faq was invoked but never defined (see the help page).
^"Samsung India Introduces 'Bill Payments' on Samsung Pay, Now Pay all Your Utility Bills Securely". news.samsung.com. Retrieved January 3, 2018.
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