While Apple, Google and Samsung all offer their own mobile payment solutions, Samsung is the only OEM to have launched its mobile payment service — Samsung Pay — in India.
This is because unlike Android Pay and Apple Pay, Samsung Pay does not require an NFC terminal to work with. It can also work with traditional point of sale (PoS) terminals thanks to its MST technology which Samsung managed to get its hands on by acquiring LoopPay. This gives Samsung Pay a huge advantage over its competitors and allows the Korean company to quickly expand its mobile payment service to more markets.
With the launch of the Galaxy S8 earlier this year, the company launched Samsung Pay in India as well. The mobile payment service launched with support for a wide variety of banks and even featured integration with popular online wallet Paytm and UPI. This means that even if you don’t own or use a debit or credit card, you can still use Samsung Pay for transactions for all retail transactions.
Samsung Pay: Compatible Devices
In India, Samsung Pay is available for the following devices:
- Galaxy S7
- Galaxy S7 edge
- Galaxy S8
- Galaxy S8+
- Galaxy S6 edge+
- Galaxy Note 8
- Galaxy Note 5
- Galaxy A7 (2017)
- Galaxy A7 (2016)
- Galaxy A5 (2017)
- Galaxy A5 (2016)
- Galaxy A9 Pro
- Galaxy J7 Pro
How to set up Samsung Pay?
If you have not bothered setting up Samsung Pay yet, you really should. Apart from the convenience factor, Samsung keeps running various promotions through which you can get yourself a decent amount of cash back or other freebies. Do ensure to create a Samsung account and log into it on your device before you start setting up Samsung Pay.
Step 1: Open Samsung Pay on your compatible Galaxy device. If you are starting the app for the first time, it will likely update itself which can take a few minutes before you can start using it.
Accept the terms and conditions by tapping Next to start the setup procedure.
Step 2 You will also need to select your preferred way of biometric authentication — iris, fingerprint, both or only PIN — for verifying Samsung pay transactions. Depending on what you select, you will have to scan your iris and verify your fingerprint.
After this, you will need to enter a PIN which would be used to secure your Samsung Pay transactions. This PIN would be different from the PIN that you use to unlock your device and it would be solely used for verifying your Samsung Pay transactions.
Step 3: With everything set up, you can now add your cards to Samsung Pay before you can proceed with a transaction. Samsung Pay can automatically pull in card details from a picture of the card during the setup process. If that fails though, you can always enter your card details manually.
Apart from your debit/credit card, you can also link your bank accounts and Paytm wallet to Samsung Pay.
How to use Samsung Pay?
After you have set up Samsung Pay and added a payment method to it, you can use it for any retail transaction. The next time you are at a store and need to pay using your credit/debit card, simply take out your Samsung phone and open the Samsung Pay app. Swipe up from the bottom of the display to enter into the payment mode, verify your identity by entering the PIN/scanning your fingerprint or iris and then touch the back of the phone to the PoS terminal. Certain PoS terminals make it clear as to where you need to touch your phone. If the shop is using one of the older terminals though, you will need to touch the back of the phone in the area where the card is usually swiped.
What is Samsung Pay Mini and how is it different from Samsung Pay?
Apart from Samsung Pay, the Korean company has also launched a ‘mini’ version of Samsung Pay in India, aptly called Samsung Pay Mini. Unlike Samsung Pay, the latter can only be used to pay merchants by scanning QR codes with the money being debited from your Paytm or Wallet account. It can also be used to easily and quickly send money to your friends and family.
Samsung Pay Mini is vastly different from Samsung Pay and not as useful since it cannot be used for transactions at retail stores as a replacement for your credit card, debit card, gift card, or a loyalty card. Samsung Pay Mini is available on low-end Samsung devices like the Galaxy J7 Nxt, Galaxy J7 Max, Galaxy J7/J5 Prime, Galaxy J7, Galaxy On5/8, and more which do not have the Magnetic Secure Transmission (MST) technology.
Do make sure to open the Samsung pay app periodically on your Galaxy phone to know about the latest offers going on. You can find the various promotions available for Samsung Pay users under the Promotions/Vouchers category.