In what could come as a boost to the Digital India initiative of the Government of India and the move towards a less-cash society, the South Korean tech giant Samsung has officially launched its Samsung Pay mobile payment mechanism in India. Calling it ‘the simple and secure way to pay’, the company has said the facility will be available only on limited models of handsets, to begin with. Samsung has also explained, in detail, the way Samsung Pay works on its website.
3 Steps to authenticate the payment
If you possess any of the models of phones enabled for these transactions (see list at the end), you will have to follow the steps to install the Samsung Pay app on your Android phone and when you are making a purchase, there are three simple steps to be followed. The first would be to make the swipe to launch the app and then make the authentication for the amount to be transferred through the process of either fingerprint verification or the use of a PIN already allocated to you. The third step involves the actual payment being made through your phone. It does sound simple and hassles free. Some form of mobile-based payments using your physical credit or debit card already exists. It is particularly employed by businesses making doorstep deliveries and Samsung Pay will go on to add to this channel in future.
Samsung Assures Security
In its write-up on this latest feature on its mobile phones, Samsung has assured that the transactions under Samsung Pay are 100% secure. Here again, there is a 3-way assurance on the security aspect. Explaining this further, the company states that in the first layer of security is the use of the unique fingerprint or the Samsung Pay PIN which ensures only you can make the authentication. The second aspect of security is the Digital Tokenization. According to the company, this step ensures that the card number is not passed on and only a randomly raised token number is used for making the payment. In the third and last step in securing your card details’ privacy, Samsung has come up with what it calls Samsung Knox which is a process initiated to keep the card under an invisible surveillance for any vulnerabilities and in making sure that the data remains encrypted and inaccessible.
The Ease of Use and Conducting Transactions
If you are comfortable with the usage process and convinced of the security of the transactions, then choosing Samsung Pay should be a breeze and you may simply go on with it. As mentioned, not all Samsung phones can be employed for making transactions under Samsung Pay. The facility is also offered in the two methods, Magnetic Secure Transmission (MST) and Near Field Communication (NFC) methods.
The models now being included are: Galaxy Note5, Galaxy S7, Galaxy S7 edge, Galaxy S6 edge+, Galaxy A7 (2017), Galaxy A5 (2017), Galaxy A7 (2016) and Galaxy A5 (2016). Possibly, all the future smartphones would come with the Samsung Pay feature pre-loaded. The company has already confirmed that the wearables like Gear S3 will also be provided with the facility.