Samsung Electronics Singapore today announced its partnership with Citibank Singapore Limited for Samsung Pay, the secure and easy-to-use mobile payment service that can be used to make purchases almost anywhere. Upon the service’s launch in Singapore, Citibank credit cardmembers will have the option to make payments across Singapore using their compatible Samsung mobile phones. The partnership marks a new addition to Samsung Pay’s extensive portfolio of major payment networks and banks, to provide greater flexibility, access and choice for customers in Singapore.
Samsung Pay Beta Test Program
Ahead of its launch in Q2 2016, a select group of consumers has been invited to register their participation in the beta testing for Samsung Pay. They will be among the first to preview the company’s flagship mobile payment service in Singapore. Response from consumers is encouraging, with thousands who have signed up. Registration has now closed and eligible consumers will be notified ahead of the Samsung Pay Beta Test Program.
Samsung Pay will be available to users of the Samsung Galaxy Note 5 4G+, S6 edge+ 4G+, S7 4G+ and S7 edge 4G+ in Singapore.
More Than a Payment Service
A secure and easy-to-use mobile payment service, Samsung Pay can be used to make purchases almost anywhere that credit and debit cards are accepted.
· SIMPLE: To make a payment on Samsung Pay, consumers simply need to swipe up on their compatible Samsung smartphone to bring up the last transacted credit or debit card, scan their fingerprint and make payment. It’s that easy!
· SAFE: Samsung Pay uses three levels of security to enable secure payments – fingerprint authentication, tokenisation and Samsung KNOX. Each transaction uses an encrypted digital token to replace user’s personal payment information and payments can only be authorised with approved fingerprint or PIN. Meantime, Samsung’s industry-leading KNOX security platform monitors malicious software and activities on user’s device for added security and protection.
· ALMOST ANYWHERE: Samsung Pay is the only mobile payment solution that lets consumers pay almost anywhere credit and debit cards are accepted. By incorporating Samsung’s proprietary Magnetic Secure Transmission (MST) technology, together with Near Field Communication (NFC), Samsung Pay will be compatible with the majority of existing and new payment terminals, allowing users to pay with their compatible Samsung smartphone almost anywhere that allows payment by swiping or tapping a credit or debit card.
1Availability almost anywhere is based on compatibility of Samsung Pay on MST and/or NFC payment terminals, with some supported for use only after software upgrades. Samsung Pay is exclusive to selected Samsung Galaxy smartphones only, and available across all participating payment networks, banks, and merchants. Availability may vary, please check for updates.
2 Samsung Pay will be available on the Samsung Galaxy Note 5 4G+, S6 edge+ 4G+, S7 4G+ and S7 edge 4G+ at launch