[New Topic] Galaxy Techfluencer Of The Week

[Admin]

Love tech? Share a post on the topic of the week in the [Tech Talk] forum, and best one among all submissions will get featured on the home page.

Below is how to participate :)

1. The topics will be rolled out on every Monday of the week.
2. Last day to share your post on the given topic is Friday of every week.
3. Best post will be pinned on the community and featured on the homepage.
4. Earn a badge with every featured post
5. What’s more? Win exciting rewards if you get featured three times in a row.

Let’s get started!

Galaxy Techfluencer topic for the week: Samsung Pay

Make mobile payments anywhere and everywhere with Samsung Pay. You can carry your debit and credit cards on select Galaxy smartphones. This revolutionary way to pay is contact-less, absolutely safe, simple, and secure.

Share your thoughts on today’s topic in the Tech Talk forum. Bring out the tech influencer in you! Post your article to get featured as #GalaxyTechfluencer of the week.

T&C Apply.

[hiteshofficials]

https://r2.community.samsung.com/t5/Tech-Talk/Everything-You-Need-To-Know-About-Samsung-Pay-Read-Pos...

[8853008300]

RAJTILAK

[manjudev007]

ok

it's good

[Moha12mmadeidmammoni]

manaus.monhada

[Indarpal]

Inderpal

[Dhinterior]

When j7 nxt update for
Android Q10 version.

[hiteshofficials]

https://r2.community.samsung.com/t5/Tech-Talk/Everything-You-Need-To-Know-About-Samsung-Pay-Read-Pos...

[babimukherjee]

nice

[RajberrY]

Benefits of SamsungPay-contact-less- pay!

Samsung Pay is a secure and simple way to make mobile payments with select Samsung Galaxy phones, and it works almost anywhere we can use a contactless card.

What is Samsung Pay, how does it work, and which banks support it?

Samsung Pay is similar to Apple Pay and Google Pay. It is a platform for Samsung devices - smartphones and wearables - that allows you to pay for goods and services by tapping your Samsung device near a contactless payment terminal or authorising an online payment, rather than using cash or credit cards.

Samsung Pay: What do I need?

The Samsung Pay platform is baked into Samsung Galaxy devices, which includes the company's smartphones and wearables.
To use Samsung Pay, you'll need to download and install the Samsung Pay app on your compatible phone, register compatible cards and accounts and the platform will draw directly from these chosen sources when making a payment.

Samsung Pay: How does it work?

When using a phone: by swiping up from the bottom of the display, the Samsung Pay app will launch and your default card will appear along with a message to authenticate a payment with their fingerprint, or the iris scanner on compatible devices.
If a different card is needed, a simple left or right swipe will bring up others stored in your phone. Once the payment has been biometrically authorised, the phone tells you to tap it onto the contactless payment reader and bingo, a payment is made via NFC (near field communication).

Samsung Pay: More than NFC

Samsung Pay offers more than just NFC in some regions - such as the US - by also offering a mobile wallet technology called MST (Magnetic Strip Technology), which it acquired when it bought LoopPay. In fact, Samsung says that the presence of MST technology means its payment service can work at virtually any place where traditional debit or credit card. MST allows a contactless payment to be made with terminals that do not feature NFC which opens up a lot more retailers to the payment tech.It can also send the payment information to conventional terminals in stores that have the old-fashioned magnetic strip instead.
A two-step payment process works like so: LoopPay's app manages and securely stores all your payment cards (including credit, debit, loyalty, and gift cards) on a mobile device, while the LoopPay device (LoopPay Fob, ChargeCase, Card, or CardCase) processes your payment at the checkout as if you had swiped your card like usual.

There is no danger of paying twice as the phone will prioritise an NFC signal if it finds one, while MST is passive and will only be utilised if no other contactless payment signal is found first.

Samsung Pay: How secure is it?

In terms of security, Samsung Pay details are protected by Samsung's Knox real-time hacking surveillance and rooting prevention, and no card details are stored on either a Samsung server or the device itself.
Samsung Pay uses Tokenisation. Card payments are made secure by creating a number or token that replaces your card details. This token is stored within a secure element chip on your device, and when a payment is initiated, the token is passed to the retailer or merchant. The retailer therefore never has direct access to your card details.

Samsung Pay free?

Absolutely. Samsung Pay isn’t just free, but in some markets, Samsung also gives you reward points for using Samsung Pay for transactions. These points can then be redeemed for various products through many of Samsung Pay’s official retail partners. Samsung also lets you use the points for discounts on its own products in some countries. Furthermore, Samsung and its bank partners have various promotions going on every now and then. These can range from cashbacks on all payments to additional reward points compared to the reward points your bank would give you if you used the physical card instead of Samsung Pay.

#GalaxyTechfluencer
💙Love you Samsung 💙

[hiteshofficials]

https://r2.community.samsung.com/t5/Tech-Talk/Everything-You-Need-To-Know-About-Samsung-Pay-Read-Pos...