Soon Samsung pay would be available in Non-premium phones
Samsung pay is now available on more devices, initially it was offered in Premium Smartphones, but soon you would be able to use it in Non-premium Smartphones as well. Samsung is starting with the Galaxy J series phones in India, reported by Mashable.
Samsung pay allows you to save credits cards, gift cards, and other payment methods on your Smartphone and then utilize it when paying. Your phone imitates your cards right down to the magnetic signal, so it operates in most places that accept credit cards thanks to Magnetic Secure Transmission (MST) and Near Field Communication (NFC). Just tap your phone alongside the payment terminal and you are usually good to go.
Samsung Pay is merely features in phones like Galaxy S7 and Galaxy S7 Edge, although it has also come to the Galaxy A line and Samsung Gear S watches.
As per Mashable’s sources, Samsung is adding up technology is cheaper phones as well, and intended to try out the idea in India. Samsung pay will be launch in India within few months, reported by Mashable.
The question that might pop-up in your mind would be why India, instead of other Samsung pay countries for instance South Korea, Australia, the US, UK, Brazil and China? For one reason, Counterpoint analyst Tarun Pathak informed Mashable that out of the 85 million Samsung Smartphones in India, 25 million are the cheaper Galaxy J devices.
There would be another possibility as recently India was the subject of a banknote ban that illegal 500 rupee and 1,000 rupee bills from moving. In the mid of this currency disruption, new payment method like Samsung Pay could help to make buying stuff easier.
Let’s see the experiment would be a success or it would rather nowhere to be found.