Samsung Gulf Electronics today announced the early access phase for Samsung Pay in the UAE, on April 4th, 2017.
Samsung is currently working with a number of banks in the UAE to carry out the initial testing stages including; Mashreq Bank, ENBD, NBAD, ADCB, RAK, and SC. Customers who are interested in registering for the early access can visit https://www.samsung.com/ae/samsungpay/
Since the introduction of Samsung Pay, we have seen great momentum and experienced significant consumer adoption in the countries where it is now active. We are excited to be in the early access phase of bringing this service to the UAE and we hope to introduce this value-added service to the entire public permanently very soon, in order to drive and lead innovation in mobile commerce. In addition, Samsung Pay also provides consumers in the UAE with a safe, smart and better mobile wallet, said Mohammad Gharaibeh: Head of IT and Mobiles (B2B) division at Samsung Gulf Electronics.
Samsung Pay allows users to pay with Samsung Eligible smartphones at terminals where you can swipe or tap using a debit or credit card. The safe and secure payment system protects user’s information with a fingerprint or PIN authentication. During the early access stage, Samsung will be establishing its Samsung Pay services with a number of banks in the UAE, and will announce the official access date of the contactless payment service.
Once launched, Samsung Pay will be accepted wherever you can swipe or tap your credit card in the UAE and the merchants do not need to upgrade their existing terminals. UAE Samsung smartphone users will be able to perform transactions at almost any merchant in a simple, convenient and secure manner, without having to use a plastic card. The mobile service is secure and compatible with the latest Magnetic Secure Transmission (MST) and Near Fields Communication (NFC) Gharaibeh added.
How to use Samsung Pay
Samsung Pay is simple to use – it takes just three simple steps:
Step 1: Swipe up to access the app
Step 2: Authenticate with your fingerprint
Step 3: Tap your phone on the terminal to pay.
The 3 layers of Security:
Fingerprint Authentication: All transactions will be authorized by the users fingerprint.
Samsung KNOX: Continuously monitors any vulnerabilities and keeps information encrypted in a secure data vault.
Tokenization: Each transaction uses random tokens, instead of card numbers keeping the users details safe.
