![]() ![]() Samsung Pay means you don't need to use your debit or credit card when you want to pay for something in-store or online. Picture credit: Samsung Which banks support Samsung Pay? You can just pay via Samsung Pay and you are done. Once a card is set up on a device, it can be used as a payment option by any retailer that supports it. It can also be used as a digital wallet as it stores a user's card details on a device to make online purchases too. It enables owners of Samsung smartphones to use their device to make payments via a contactless NFC card reader terminal. Samsung Pay is the Korean tech giant's mobile payment platform. But, how does it differ to Apple Pay and Android Pay and why is its adoption behind the other two mobile payment leaders? ![]() ![]() Although still in its infancy, being pre-installed on devices from one of the world's biggest smartphone brands means Samsung Pay is growing in popularity. The number one mobile payment method is Apple Pay, followed by Google's Android Pay, but Samsung Pay is catching up fast. According to recent research, there were just 60,907 cash machines in the UK in November 2019, down 5,000 or 8% compared to July 2018. The days of having wallets full of coins and notes are gone as we increasingly adopt contactless technology.
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