Skip to content

Start Using Samsung Pay in India

Posted in Samsung

Samsung has officially launched it’s Samsung Pay in India. Samsung Pay is a secure and easy-to-use mobile payment service which can be used to make purchases nearly everywhere. It uses a technology called Magnetic Secure Transmission (MST) and Near Field Communication (NFC) to make mobile payments more accessible to both merchants and consumers.

Difference Between MST and NFC:

Near Field Communication (NFC) allows two devices placed within a few inches of each other to exchange information. NFC payments require merchants to upgrade their old terminals to NFC-enabled payment terminals.

Magnetic Secure Transmission (MST) sends a magnetic signal from a compatible device to the payment terminal’s card reader (to emulate swiping a physical payment card). MST payments do not require the merchant to upgrade the payment terminal, making Samsung Pay available for use at nearly all payment terminals with a card reader. Some payment terminals may require software updates.

Samsung Pay uses both NFC and MST to send payment information to the terminal. The transaction is seamless, whether using NFC or MST, allowing for a better user experience.

Both technologies are equally secure, using a unique digital card number in place of your actual payment card’s number. Our information is kept private and secure, and only your bank and the card’s payment network will have information on the transaction. In the context of Samsung Pay, MST and NFC have the same level of security.

How to use Samsung Pay in India:

Samsung Pay in India (MST)
MST Method

While using MST method, place the phone against the side of the machines that works properly.

Samsung Pay in India
NFC Method

NFC-enabled machines, however, should work by placing the phone on top. 

Samsung Pay works with Galaxy S7, S7 edge, S6 edge+, Note5, A7 (2016), or A5 (2016) to use the service.

The company has collaborated with Axis, HDFC, ICICI, SBI, and Standard Chartered banks for the service. Samsung will soon start supporting cards from Citibank as well. Users can also add their Paytm wallet accounts in the Samsung Pay app which will allow them to pay by scanning QR codes.

Samsung Pay supports Unified Payment Interface option that has been launched by the National Payments Corporation of India. The Samsung Pay UPI feature is powered by Axis Bank and enables users to make transfer of funds between bank accounts on a mobile platform.

The Gear S3 smartwatch will also work with Samsung Pay soon.

In conclusion, If you’ve got a compatible phone and card, you can register on this page for early access to Samsung Pay’s program in India.

If you enjoyed this article, Get email updates (It’s Free)

Translate »