Verizon rolls out software update to add ‘Samsung Pay’ to compatible handsets
Bigwig US wireless carrier Verizon has commenced the rollout of a software update which will enable the ‘Samsung Pay’ mobile payment system on some compatible newer models of Samsung Galaxy handsets.
The handsets which will boast the availability of the ‘Samsung Pay’ service as a result of the rollout of the software update by Verizon include the Galaxy S6, Galaxy S6 Edge, Galaxy S6 Edge+, and Galaxy Note 5.
The availability of the Samsung Pay mobile payment system on compatible Galaxy handsets by Verizon comes nearly two months after the official launch of the system in the US. The Samsung Pay service was launched by Samsung in the US on September 28.
The Samsung Pay mobile payment system is different from other mobile payment platforms like Apple Pay and Android Pay. The Samsung Pay system supports retailers with an NFC-enabled POS system, and it works with all retailers that have a credit card swiping machine which uses ‘magnetic secure transactions’ (MST).
However, as of now, the only credit cards which work with Samsung Pay mobile payment system are Visa, MasterCard and American Express cards issued from major bank like Citi and Bank of America.
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