Samsung has thrown its hat in the mobile payment ring with a new contactless offering that lets Citibank and American Express credit card customers pay for products and services in-store with their smartphones. To make a payment using Samsung Pay – the manufacturer’s answer to Apple Pay – users swipe up, choose the desired payment card, authenticate the transaction with a fingerprint sensor and tap the device on a point of sale terminal.The service is available to users with Samsung Galaxy S6, Galaxy S6 edge, Galaxy S6 edge+, Galaxy Note 5, Galaxy S7 and Galaxy S7 edge smartphones. Prasad Gokhale, VP at Samsung Australia’s mobile division said the offering was the next development for Australians who use their smartphone as the central device to live, organise and enjoy their lives. “Australia is a market of early technology adopters and by providing a platform open to all partners, ranging from government to financial institutions and retailers, while upholding the highest standards of security and data privacy, Samsung is fueling the transition to a truly digital wallet,” he said.Samsung claimed that partner integration is simple as the technology uses near field communication (NFC) and Samsung’s proprietary technology – Magnetic Secure Transmission (MST) – which the vendor claimed makes it the only payment solution with wider acceptance. “The MST technology enables Samsung Pay to support partners that use a traditional magnetic stripe commonly found on loyalty cards, gift cards and transit cards, both in Australia and across the globe,” said Elle Kim, global vice-president, Samsung Pay. “It’s our goal to one day replace wallets, by making every card accessible on Samsung smartphones,” said Kim. Each transaction uses an encrypted digital token to replace a user’s personal payment information and payments can only be authorised with an approved fingerprint or PIN, Samsung said. Samsung Pay was previously launched in South Korea, the United States, China and Spain. Follow CIO Australia on Twitter and Like us on Facebook… Twitter: @CIO_Australia, Facebook: CIO Australia, or take part in the CIO conversation on LinkedIn: CIO Australia Follow Byron Connolly on Twitter: @ByronConnolly Related content interview Broadcom’s Andy Nallappan on what cloud success really looks like The CTO, CSO, and head of software engineering and operations knows firsthand that a successful move to the cloud is all about changing the culture and replacing on-prem’s sunk cost mentality with incentivized FinOps. By Martha Heller May 31, 2023 8 mins Technology Industry IT Strategy Cloud Computing feature How CIOs distill the most sought-after data skills From back-end engineers to data scientists and line-of-business experts, here’s the in-demand talent that all organizations need to turn a glut of information into game-changing insight. By Mark Samuels May 31, 2023 8 mins IT Skills Data Center IT Leadership case study How IT leaders use EV tech to fuel the transport revolution in Kenya Many African nations are starting to invest in electric vehicle (EV) transportation as a means to broaden access and help keep pace with global environmental initiatives. In Kenya, strides are being made despite industry and tech leaders grappling to By Vincent Matinde May 31, 2023 5 mins CIO CTO Emerging Technology feature I migliori 17 tool per gestire i costi del cloud Tenere sotto controllo i costi del vostro patrimonio cloud è, oggi, più importante che mai. Le piattaforme che descriviamo di seguito vi aiuteranno a verificare l’utilizzo del cloud e i suoi costi associati, che possono aumentare By Peter Wayner May 30, 2023 16 mins Cloud Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe