Samsung is on the verge of integrating Samsung Pay into non-Samsung phones, according to a report published by Gadgets360. The report citing people familiar with the development suggests Samsung is in talks with OEMs, aiming to expand the reach of Samsung Pay beyond the company’s existing lineup. The service was first announced its full-fledged mobile payment and digital wallet service for the company’s top of the line handsets.
Some of the mid-range phones like Galaxy J7 Pro and J7 Max, Galaxy On Max, Galaxy J7 Prime, Galaxy On Nxt, and Galaxy J7 (2016) support a toned-down version Samsung Pay dubbed Samsung Pay Mini. It lets users make payments by scanning QR codes, generate one-time codes for merchant payments, and send money from wallet using the mobile number. In addition, Samsung Pay Mini enables users to transfer money using Unified Payments Interface (UPI).
The report further cites more sources claiming a full-fledged version of the Pay will soon be making its way to new, upcoming mid-range handsets, boasting of a unique hardware much like a chip found inside Samsung Galaxy S8. These new mid-range handsets are expected to hit the shelves later this year. However, Samsung is yet to reveal concrete details with regards to their exact launch timeline.
For full-fledged Samsung Pay to be compliant with non-Samsung smartphones, smartphone manufacturers are required to pack a special chip to trigger Magnetic Secure Transmission (MST) technology, emitting a magnetic signal that mimics the magnetic strip on a traditional payment card.
“Samsung Pay uses a multi-layer security system that works in tandem with the security systems of our partners to detect any emerging threats. Samsung Pay is safe, secure and consumers can be assured that there is no known risk associated with using our payment service,” Samsung clarified amid reports it is flawed last year.