Gordon Gottsegen, writing for CNET: Samsung Pay could end up on even more devices, starting with the Galaxy J series phones in India, Mashable reports. Samsung Pay lets you save credit cards, gift cards, and other payment methods onto your smartphone and then use it when paying. Your phone mimics your cards right down to the magnetic signal, so it works in most places that accept credit cards thanks to Magnetic Secure Transmission (MST) and Near Field Communication (NFC). Just tap your device against the payment terminal and you’re generally good to go. But only if you’ve owned a premium smartphone. Samsung Pay generally only features in pricier phones like the Galaxy S7 and Galaxy s7 Edge, though it has also come to the Galaxy A line and Samsung Gear S watches. Now, according to Mashable’s sources, Samsung has quietly been adding the technology to cheaper phones too, and plans to experiment with the idea in India — where Samsung Pay recently launched — in the next few months. Makes perfect sense. In places such as India, the vast majority of card terminals (PoS) don’t support NFC, and it is very difficult to convince a merchant to upgrade their terminals. There are two reasons for this: first, not a lot of payments services require NFC. For all they care, their existing PoS devices support credit cards and debit cards. Second is, payment terminals with NFC are expensive. Also, smart of Samsung to trickle this feature into its lower-end smartphones.
Read more of this story at Slashdot.
Source: Slashdot – Samsung Pay Could Come To More Non-Premium Smartphones
