Samsung pay how it works

Statistics

It’s 2017, and cash, although not completely out of circulation, is noticeably losing ground compared to plastic cards that almost everyone has. We receive a salary, a stipend, sometimes even a pension on the card. Going to a supermarket near the house and paying for purchases by bank transfer is part of our daily routine. In Moscow and St. Petersburg last year, terminals appeared even at the subway ticket offices.

Sources: CBR, Visa, Sberbank, Ipsos Comcon, AC{amp}amp;M-Consulting, J’son {amp}amp; Partners Consulting

The next stage after the transition to cards is contactless payment, which is also gradually becoming familiar. With its help, you can pay by simply attaching a bank card to the terminal and, if necessary, entering a password (depending on specific security settings). For example, in the Moscow metro, this technology was equipped with terminals at the entrance, which allows you to touch the turnstile with a card or smartphone, on which the number of paid trips is recorded, and go through without buying a material ticket or travel card.

Will you use contactless smartphone payments?

The new contactless payment service works only on the following devices:

1. Galaxy S7 (SM-G930F)
2. Galaxy S7 edge (SM-G935F)
3. Galaxy S6 edge (SM-G928F)
4. Galaxy Note5 (SM-N920C)
5. Galaxy A7 2016 (SM-A710F)
6. Galaxy A5 2016 (SM-A510F)
7. Galaxy S line (from episode 6*)
8. Galaxy A line 2017
9. Galaxy Note 5
10. Gear S3

At the end of 2016, the service of the Korean company works with VISA and MasterCard payment systems. Samsung Pay is compatible with credit cards from the following banks.

VISA and MasterCard

• ALFA-BANK
• MTS-Bank
• Raiffeisenbank

MasterCard

• VTB 24
• Russian Standard Bank
• Yandex Money
• SBERBANK
• Otkritie Bank
• Bank St. Petersburg
• BINBANKBank
• Dot
• Tinkoff Bank
• Rocketbank

With Samsung Pay, you can link your bank card to your smartphone and get rid of the need to constantly carry “plastic” with you. The service works both with contactless terminals (NFC) and with terminals that accept cards with a magnetic stripe or a chip (this technology is called Samsung MST – Magnetic Secure Transmission).

Samsung Galaxy* smartphones that are compatible with Samsung Pay and support MST technology may emit a magnetic field similar to the magnetic stripe of a credit card. It happens that the sellers themselves do not know that this is possible in their stores – and payment works fine. Terminals where there is no contactless payment technology are common: in fast food chains, coffee houses and restaurants, supermarkets and regular grocery stores.

To carry out a transaction, you do not need to connect your smartphone to the Internet – the terminal itself, to which you apply the gadget, exchanges data with the bank. In general, the principle of payment is the same as for cards with PayPass or PayWave. The only difference is that the card itself is not needed for payment, you can create an electronic copy of it in your smartphone, and leave the plastic one at home.

A complete list of supported banks can be found on the official website. It is highly likely that you already have the card you need (for example, a salary card) and there is no need to get a new one. Among the major banks cooperating with Samsung Pay are Sberbank, Alfa-Bank, VTB24, Tinkoff Bank, Raiffeisen Bank and others.

The main payment system is MasterCard. There is Visa support, but only in Alfa-Bank, VTB24, MTS Bank, Raiffeisenbank and Tinkoff Bank. This list is expected to expand in the future.

No, you don’t need to visit a bank branch. First of all, you need to make sure that your bank and card support the Samsung Pay service. Then activate the Samsung Pay app and be sure to set a fingerprint or PIN to unlock the screen – this way you will confirm purchases in the future.

You add a card to the application itself: you can either scan it or enter data manually. For security reasons, the received images in the application cannot be screened. If the card is suitable, the application will ask you to accept the Samsung agreement and the bank agreement. After that, a one-time code will be sent to the phone number that you indicated when opening an account in SMS, with which you need to complete the registration.

Up to ten bank cards can be added to one smartphone, at the same time, one card can be added to a limited number of mobile devices (depending on the requirements of a particular bank).

Lyricist: Alexandra Mitroshina

Instructions for use

To take advantage of all the delights of the latest mobile payment system, you must first install the Samsung Pay application on your smartphone. To do this, open the Google Play Store and use the search to find the application. Alternatively, you can follow this link.

1. Click on the “Install” button and wait for the end of the process.
2. Next, run the installed program. First you need to set it up. The first step is to create a virtual Samsung Pay card. To do this, click on the icon “” (Add a card).
3. Now you need to take a picture of the plastic on the main camera of the phone
4. After that, data verification will start
5. Next, you will need to add your signature to the program database.
6. If the verification was successful, you will receive an SMS with a confirmation code, which must also be entered in the application window
7. After that, you will receive a message that the card has been successfully added.
8. Now it will appear in the wallet

In this way, you can add all bank cards to the database and no longer carry them with you. Now you can go to the store!

List of payment systems and banks

So, you are standing near the cash register in a supermarket or cafe. How do I pay for a purchase or service with Samsung Pay?

1. First you need to swipe up, that is, press your finger at the very bottom of the screen and drag it up:
2. Payment app will open:
3. Then you need to confirm your identity by placing your finger on the fingerprint scanner.
4. Now we bring the Samsung phone to the bank terminal at the moment when the inscription “Insert the card” is lit on it:
5. Enter the last 4 digits from the number, complete the transaction and receive a check. Samsung Pay payment completed successfully and you can put your phone in your pocket!

MasterCard

Users of gadgets other than Samsung cannot use the Samsung Pay service. Samsung uses its own Samsung Knox card data encryption technology in its devices, which other manufacturers do not have.

Owners of the following Samsung Galaxy models can use the Samsung Pay service in full:

• S7;
• S7 Edge;
• A3 (2017);
• A5 (2016, 2017);
• A7 (2016,2017);
• Note8;
• Note5;
• S8;
• S8 ;
• J5 (2017);
• J7 (2017).

S6 and S6 Edge owners have restrictions in using samsung pay: they can only pay via NFC.

Google Pay and Apple Pay services operate in Ukraine, while Samsung Pay is only planned to be launched.

All relatively new Samsung smartphones are exposed by an NFC port, which is responsible for cashless payments. The principle of operation is slightly different from paying with a bank card, only the transfer data is transmitted not by scanning the card strip, but through the NFC module. Today, not all terminals in Russia support this standard, but Samsung also has a solution for this case.

According to the Central Bank, there are more than one and a half million payment terminals in Russia. Of these, two hundred thousand support NFC technology, and the rest work with magnetic plastic cards. Samsung Pay supports payments in any terminal thanks to MST technology (except for S6, S6 edge smartphones – they only work with NFC terminals).

The advantage of this technology is not only its prevalence, but also its availability. Samsung Pay works on the Galaxy A5 (2016) model, the cost of which in Russian retail is about 18,000 rubles. Galaxy A7 (2016), Note5, S6, S6 edge, S6 edge , S7, S7 edge and new Galaxy A3, A5, A7 (2017) are also supported. Simply put, users have plenty to choose from, focusing on their wallet.

Can scammers steal money?

Every now and then there are horror stories on the Internet that you can withdraw money from a card or smartphone by bringing the terminal to your bag or pocket. Distrust of users is natural – in order to get used to the new technology, it takes time. In fact, security issues are worked out from and to.

First, a tokenization system is used, which means that after adding a bank card, the Samsung Pay service always uses only a token instead of a card number – a special digital code generated randomly. Personal information during payment is not used and remains secure.

Secondly, to confirm the operation, you need to log in with your fingerprint or PIN code. Even if you lose your smartphone, those who find it will not be able to use Samsung Pay – especially if it is protected by a fingerprint. With a PIN code, of course, you have to be more careful. Especially in crowded places where he can be spied on, so be careful.

Thirdly, Samsung Galaxy smartphones have a built-in Samsung KNOX security system that protects the gadget from malicious attacks and continuously monitors for possible vulnerabilities. In addition, even if something threatens the device, the KNOX system ensures data protection.

Before registering the card, the KNOX system checks the firmware of the smartphone. If Root is detected on the smartphone, viruses or firmware is modified, the card cannot be registered. If a virus enters the smartphone, Samsung Pay will be blocked.

In the next article, we will tell you in detail about the ways to protect Samsung Pay and why scammers will not be able to steal money.

Samsung Pay’s unique privacy practices

“Tokenization” of data is the first circle of protection of user data. The essence of the method is to replace real user data (number, full name of the owner, etc.) with virtual ones. When plastic is activated in Samsung Pay on the user’s smartphone, the real card number is replaced with an encrypted digital code – a “token”, which is randomly generated.

KNOX secure environment is the second circle of protection, which is a whole security system. It reliably protects the smartphone from possible attacks of various malicious programs and constantly monitors potential threats to user data.

If the smartphone is hacked, for example, attacked by viruses or an unofficial firmware version is installed on the device, the user will not be able to register a credit card. If the smartphone is hacked by the user himself to provide administrator rights – Root rights, the KNOX security system will block the Samsung Pay service and its use will be impossible even after re-flashing the device and removing Root rights.

Fingerprint or PIN authorization is the third and final circle of protection. To pay for each specific purchase using the service, mandatory user authorization by fingerprint or unique PIN code is used.

Even if your smartphone falls into the hands of intruders, they will not be able to pay for goods through Samsung Pay without the fingerprint of the owner of the device or a PIN code that is known only to you.

One day with Samsung Pay: sharing impressions

The very idea of ​​combining a smartphone and a wallet is very interesting. Quietly leave money and cards at home and go to the mall: buy groceries at the supermarket, get a couple of new things at the store, drink a cappuccino at a coffee shop and have a snack at fast food. In large shopping centers, payment by smartphone works almost everywhere, and during the day of use, I never had to get cash. It turns out that even if you lose the card, you can continue to use it using Samsung Pay (depending on the requirements of a particular bank).

It was unusual to pay with Samsung Pay for the first time, but it was very simple – first we unlock it with a fingerprint, then we apply it to the terminal.

In the Russian capital, people do not perceive an attempt to pay with a smartphone as a miracle – apparently they are already used to it.

Plus Samsung Pay in speed and convenience. The smartphone is almost always at hand: we launch Samsung Pay, touch the fingerprint scanner and apply the smartphone to the terminal. You can set up Samsung Pay in such a way that it will turn on with a simple swipe from the bottom up even when the smartphone screen is off.

Samsung Pay is accepted not only in hipster coffee shops. You can also pay at a regular food court.

Definitely, paying with Samsung Pay is faster than the traditional way. For those who do not know how to save, this is even a disadvantage: they are tempted to buy something else.

Using Samsung Pay, it is easy to make unplanned purchases – it will be important, for example, at lunchtime, when you leave the office without taking a bag with money or a jacket with you.

On the way to work, passing by a cafe, you can literally grab a coffee and a sandwich on the fly, and not delay the queue. Payment is faster than by card or cash – until they count, until they give change.

At the Danilovsky market, vegetable and fruit sellers shrug their hands at the question not only about Samsung Pay, but also about cashless payments in general – so far they only use cash. But the emergence of new technologies in the realm of fresh fruits and other gifts of nature is only a matter of time. At the same time, absolutely all power points nearby support this technology.

Results

The main advantage of Samsung Pay is the ability to pay for a product or service using a smartphone, forgetting about plastic cards and a wallet with cash. You don’t have to worry if you forgot money at home. The service is supported by all major banks, and thanks to the unique magnetic stripe imitation technology, Samsung Pay works not only with NFC terminals, but also with ordinary ones.