![]() ![]() NFC is still a relatively new technology, especially in emerging markets like India, which is where MST comes in. ![]() But what makes Samsung Pay so awesome is that it also works with traditional payment terminals and card machines by using MST (Magnetic Secure Transmission) technology. Samsung Pay uses NFC technology to transfer a credit or debit card’s information to a NFC-enabled payment terminal, just like how an NFC-enabled card would work. In this day and age, it’s common for people to have their smartphone in their hand almost all the time, so Samsung Pay lets them leave their plastic cards behind and use their phone to make payments as well. What is Samsung Pay? It’s a mobile payment system that lets you use your smartphone to pay at retail stores around the world. Well, at least if you have a Galaxy smartphone that supports Samsung Pay. Carrying a wallet around with all your credit and debit cards inside is not in fashion anymore. ![]()
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September 2023
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