Samsung Pay is a secure and easy-to-use mobile payment service which is designed to make purchases almost everywhere.
It enables the use of credit cards from participating financial institutions and loyalty cards from participating merchants. To help make mobile payments and scanning loyalty cards more accessible to merchants and customers, Samsung has included Near Field Communication (NFC)*, Magnetic Secure Transmission (MST)†, and MoBeam technologies.
Due to Samsung’s advance proprietary technology Magnetic Secure Transaction (MST), Samsung Pay can be used almost everywhere around the globe. Please check your card issuer’s policies for transactions in foreign countries. If you can use your physical card in the country you are travelling to, you should be able to use Samsung Pay to make a payment.
Samsung Pay offers a simple and convenient payment experience that doesn’t require searching through your wallet or purse. Additionally, Samsung Pay adds a level of security to your payment information that physical cards don’t have. Your credit or debit card number will never be saved on your device. When you make a payment with Samsung Pay, only a token and a cryptogram that is only valid for that particular payment are transmitted to the card reader.
Samsung Pay is compatible with a number of Australian Banks. For the full list please click here. You can register to receive an update when additional compatible networks and banks become available to Samsung Pay at the link provided.
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