Samsung Pay is getting into the hands of more South Africans in 2018.
Now Mastercard are joining the list of partners with the announcement of Samsung Pay’s confirming access to their cardholders.
“We are excited to work with Samsung to deliver a new payment experience that is both simple and secure, in turn speeding the adoption of digital payments in South Africa,” says Mark Elliott, division president of Mastercard SA.
Once one’s card details are recorded on the Samsung Pay app, users will be able to tap their compatible Galaxy smartphone at a NFC-enabled POS terminal and make contactless payments.
Along with its ease of use, Mastercard is also punting the security of the Samsung Pay platform. This thanks to a digital token that is generated when one sets up their device for the mobile payment solution, with that information stored on a secure server.
The tokenisation process is facilitated by the Mastercard Digital Enablement Service (MDES), with the company adding that the digital token and not one’s physical card information is used for the payment.
Added to this, each user’s token number is different to their card number and cannot be used to make mobile payments on by other device.
As far as compatible devices go, Samsung South Africa has listed the following devices for the Absa and Standard Bank announcements:
- Galaxy Note 8
- Galaxy S9
- Galaxy S8
- Galaxy S7
- Galaxy A8
- Galaxy A5
- Galaxy A7 (2017 model).