Application service was called Samsung Pay Mini. The platform will not take advantage of the magnetic secure transmission technology (MST) which puts Samsung Pay competing means of payment.
In contrast, Samsung Pay Mini will be used exclusively to process online payments in the region that fails to apply the standard Samsung Pay using as the types of transactions and accounts for approximately 20 percent of all payments jens.
The workings of the Samsung Pay is simple. Users are asked to save your credit or debit card information in their secure applications. When users go to buy a smartphone products from an online store or market, the payment gateway will automatically enter their details, pay for the goods to be purchased, then save a copy of the receipt.
However, the first users must authenticate themselves by scanning a fingerprint or the use of eight-character password as a security measure. If it goes well and the service took relatively quick traction, Samsung has plans to bring the application to the device Mac and PC later this year. Similarly, as summarized from Sam Mobile, Saturday (28/05/2016).
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