When Samsung first announced its new payment solution for their Galaxy smartphones in 2015, there were many South Africans wondering when it would be launched in the country. With the inevitable question lingering at almost every Samsung launch event since, Samsung South Africa has finally launched their payment service, Samsung Pay, on our shores. Thanks to nearly three years of testing with partners, which included Absa, Standard Bank, Visa, Mastercard, and numerous other partners, the app has finally been released from Beta to live on 21 August 2018. The official launch took place at the Sandton Convention Centre in Johannesburg.
The launch of Samsung Pay in South Africa extends the payment service into 24 markets across the globe, and underlines the company’s commitment to delivering secure and convenient mobile wallet, allowing users to use nothing but their smartphones to manage all their payment needs. This now makes Samsung Pay the most widely accepted and used payment platform, with the technology that allows users to pay by means of NFC (near-field communication) as well as MST (magnetic secure transmissions) technology. It is also the first of its kind on the African continent, offering a complete and flexible payment solution – safer, simpler, anywhere. Users no longer have to carry their wallets, cash, or bank cards, as Samsung Pay allows users to make use of the technology for non-contact and contact payments.
One of the reasons behind the delay was due to extensive testing undertaken by the Samsung team and partners, focusing on delivering a seamless and global experience across the board. Thanks to this testing, as well as a Beta period, Samsung Pay has a retail acceptance rate of 97%. The technology is built around its defence-grade Samsung Knox security platform, with biometric authentication through iris or fingerprint scanning. In addition to this, the inclusion of tokenization ensures that the actual card information is never exposed during a transaction.
The launch sees Samsung Pay available to Absa and Standard Bank customers, supported by Mastercard and Visa payment cards. Additionally, Avios and British Airways credit cards, as well as Virgin Money cards are also supported. While Samsung is still working on expanding its list of payment partners, the app also supports the capability to store loyalty cards, allowing you to use Samsung Pay as more than just a bank transaction.
Samsung Pay is set to revolutionise the way South Africans make payments – providing a super-secure, convenient and easy payment using favourite credit, debit and loyalty cards all on one device.
A list of supported devices include: Galaxy Note Series (Note 9, Note 8), Galaxy S Series (S9+, S9, S8+, S8, S7, S7 Edge), Galaxy A Series (A8, A7, A5).
In addition to Samsung Pay, the company also took the liberty of introducing media, partners, and guests to many other Samsung products across the range, including the Galaxy Note 9 and signature QLED range of TVs. You can view a few of the products from the extended Samsung ecosystem below: