Samsung Pay Pay and Android later this year, to be launched on the Polish market. These are systems for contactless payments using smartphones. Both solutions utilize NFC technology and have almost identical business model – the user drags a finger across the screen from bottom to top, to cause the application to payment, approaching the phone to the terminal NFC and confirms the payment PIN code or fingerprint.
Both Samsung Pay and Pay Android operating when we attach under these arrangements cards – debit or credit. In the event of termination of the Korean company you can be connected to 10 cards, and solve their Google number is unlimited. Both companies are working with the largest operators of payment cards and the largest banks operating in markets where Samsung Pay Pay and Android are available.
– Samsung Pay will be available in India later this year. All the time we are negotiating with partners from the banking sector, so I can not give a specific date – confirmed in an interview with service Wirtualnemedia.pl Olaf Krynicki, a spokesman for Samsung Poland. Google also promises to start Android Pay this year., But does not give a specific date.
Olaf Krynicki ensures that the solution Samsung offers a quick and easy way to make payments while maintaining the greatest safety standards. Access to both services is protected by fingerprint or a PIN code, so even when the user smartphone is stolen, the thief will not benefit easily from payment systems. But it is not quite impossible – cybercriminals have already found a way to hack security using fingerprint. The PIN code is still the most reliable way to protect your payment.
With Samsung Pay will be able to use the holders’ Samsung Galaxy S6, S6 Edge, S6 Edge +, S6 Active, S7, S7 edge, S7 Active and Galaxy Note 5. Android Pay, however, is available on smartphones with Android 4.4 KitKat or later, and that support NFC connectivity.
According to the report Cashless.pl in the second quarter. this year. payment smartphone using NFC benefited less than 155 thousand. customers. This type of payment methods offer the following banks: PKO Polish Bank, Peako SA, BZ WBK, Eurobank, Getin Bank and BPS. More banks are working on their own solutions, but it is not excluded that the NFC payment system will also go to Blik.
– Polish payment market is very innovative. All players are welcome to it, because competition only strengthens it. I do not expect, however, that the introduction of Samsung Pay Pay and Android was a breakthrough, although I support these technologies – comments in an interview with service Wirtualnemedia.pl Paul Widawski, team director of payment systems, electronic banking and security nanków in the Polish Bank Association.
Learn more: Samsung Pay, Android Pay, mobile payments, contactless payments
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