Samsung Pay Now Available in the UK
The latest Blog Post from Card Cutters discusses the launch of Samsung Pay in the UK opening up new opportunities to businesses who accept card payments.
With the launch of Samsung Pay comes new opportunities for businesses and companies to use credit card payments systems to benefit their customers.
The new form of paying for goods and services is set to be another step towards making transactions easier, quicker, smoother and safer.
What is Samsung Pay?
For customers choosing to pay using either Visa or Mastercard, the ability to utilise their latest Samsung Mobile Phone could open up the opportunity for quick and simple Contactless Payments using their mobile phone and Samsung Pay Technology.
For any business who would like to offer Samsung Pay as a payment option, you simply need to hire a Contactless Card Machine from Card Cutters.
The availability of Contactless Card Machines across the UK now provides you with more new business opportunities than ever before.
How Does it Work?
For customers wishing to use Samsung Pay, they must have a compatible smartphone, with current models that can use Samsung Pay being the Galaxy S6, S6 Edge, S7, S7 edge, S8, and S8+.
Customers will be required to download the relevant Mobile App, and then scan a picture of their card using the Mobile Camera. Once set up, payment is then made by the customer swiping their screen against the Contactless Card Machine.
Is it Secure?
Security of new payments technology is a major requirement for any new technology that is developed in the UK. Samsung has integrated the Samsung Knox system in order to monitor the mobile phone continuously and keep it safe. Information will be encrypted in a separate data vault, and bank details kept protected, private and away from the phone itself. A random, individual and unique set of numbers is used for every transaction. Should the handset be lost or stolen at any point, the customer can use their Samsung Pay account to lock or shut down their mobile access quickly and easily.
Information that is shared will always be encrypted in a separate data vault, and bank details kept protected, private and away from the phone itself. A random, individual and unique set of numbers is used for every transaction. Should the handset be lost or stolen at any point, the customer can use their Samsung Pay account to lock or shut down their mobile access quickly and easily.
What are The Businesses Advantages?
If your business is already able to take Contactless Card Payments, then there is very little that is needed to accept Samsung Pay from your customers. Utilising this new payment technology and a Mobile Phone simply provides your customers with another way to pay, and you with more opportunities to sell your goods and services.
What are the Customer Advantages?
For users of Samsung Pay Technology on their Mobile Phone, the ability to be able to pay for London Transport Services and National Rail Services is another benefit eliminating the need to carry other loyalty cards in your wallet. Samsung also offers their customers a number of loyalty benefits throughout their contract.
If you would like to discuss upgrading or hiring a new Contactless Card Machine with Card Cutters, please do get in touch.