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Samsung Pay: Using MST Technology

Samsung Pay allows users to store all their payment cards, including credit, debit, gift and loyalty cards, in a single digital wallet that works with both existing payment technologies like NFC as well as newer technologies through MST. MST emits magnetic signals that mimic swipe cards, ensuring compatibility with nearly all payment terminals. Samsung Pay also offers value-added services like deals, offers, rewards programs and the ability to pay for purchases online or through connected IoT devices.

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108 views6 pages

Samsung Pay: Using MST Technology

Samsung Pay allows users to store all their payment cards, including credit, debit, gift and loyalty cards, in a single digital wallet that works with both existing payment technologies like NFC as well as newer technologies through MST. MST emits magnetic signals that mimic swipe cards, ensuring compatibility with nearly all payment terminals. Samsung Pay also offers value-added services like deals, offers, rewards programs and the ability to pay for purchases online or through connected IoT devices.

Uploaded by

felipe.com
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Samsung Pay – All cards in one wallet

Samsung Pay
Simple. Secure. Works almost anywhere
you can swipe or tap your card.

It’s Fast

Secure Tokens via NFC + MST

Accepted almost anywhere because it works with


both existing and new payment technologies

Payment, Gift cards, Private Label cards, Loyalty


cards
With MST technology, Samsung Pay is accepted
almost anywhere
Magnetic Secure Transmission (MST)
is a technology that emits a
magnetic signal that mimics the
magnetic strip on a traditional
payment card.

MST technology is accepted at


nearly all payment terminals with a
card reader.
Samsung Pay Innovation – Value Added Services

Membership Deals and Offers Gift cards Rewards

• Sales • Save-To-Pay • Earn Points Per Transaction


Specialty Mass Merchant QSR
• Card-linked offers • Buy-One-Get-One “BOGO” • Achieve Monthly Status Tiers

• Coupons and deals • Allow card loads not in store • Redeem Points for Rewards
Pharma Movie Grocery/
Gas-Conv
Samsung Pay – Innovation beyond 2017
Internet of Things
Thank you

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