Samsung pay is being introduced into the land of opportunity today. But does it excite American consumers in a sea of mobile payment services?
That is the answer to find out.
Starting today, Samsung user can leave their wallet back at home unless you have your keys in them. Samsung pay has arrived in the u.s and with a compatible phone, you will be able to make a financial transaction sans you credit card.
The phones supported are the new note 5, galaxy s6, s6 edge and s6 edge+. Accepted cards are the master card, visa or American express cards from the Bank of America, Citi, U.S bank and the American express bank. Carriers accepting the Samsung pay are AT&T, T-Mobile and all major carriers except Verizon.
Samsung pay is the simplest mobile payment service that is available. It doesn’t need any special equipment to make the financial transaction and will work with the old magnetic credit card swiping machine at the ancient book store, corner of your street.
“Samsung Pay works with almost any card terminal from day one and Galaxy owners can shop with a wallet they never knew was always in their hands,” Injong Rhee, head of Samsung Pay, said in a press release.
Even though it is much simpler to use than the android pay and the apple pay, awareness among the user and the store owners might be a big problem in making the Samsung pay viable. All the store owners might not be as tech savvy as you might think and can have a hard time understanding your theatrics while paying with Samsung pay.
But nevertheless, simply scanning your finger on the reader and placing your phone near the payment terminal to pay for the shopping you did works for me. Although the payment doesn’t work in some unusual places like the subway stations where the payment terminals are slightly different or places where they don’t let you swipe your own card.
Let us wait and watch how the Samsung pay excites the American consumers while I sit and ponder when the service will arrive in India.