Earlier this year, Samsung recently introduced its contactless payment solution Samsung Pay in India in a move to ‘cash in’ on demonetization. Samsung’s payment solution lets you make contactless payments at PoS (point of sale) terminals (card swiping machine). It also does away the need of physically swiping your credit or debit card. Also Read - Phones launching next week: Pixel 6 series, Samsung Galaxy S21 FE, Motorola Edge S, moreAlso Read - Phones launched last week: Realme GT Neo 2, Moto E40, OnePlus 9RT, and more
Samsung Pay leverages the popular NFC technology to enable contactless payments at compatible PoS machines. However, the main USP of Samsung Pay is you can make payments at the old PoS machines as well. To enable this, Samsung Pay uses the proprietary Magnetic Secure Transmission (MST) technology, which mimics the magnetic strips used in standard debit and credit cards. It does away with the need of actually swiping a credit or debit card at the machine. I recently tried paying at a medical shop, at an electronics store and other outlets using Samsung Pay on my Galaxy S8, and it worked like a charm.
Samsung Pay is compatible with a bunch of Samsung smartphones, including Galaxy S8, Galaxy S8+, Galaxy S7 edge, Galaxy S7, Galaxy Note 5, Galaxy S6 edge+, Galaxy A5 (2016), Galaxy A7 (2016), Galaxy A5 (2017) and Galaxy A7 (2017). If you own any of the these devices, here s how you can setup and use Samsung Pay to make cashless payments. ALSO READ: Samsung Pay: A payment service with immense opportunity, but challenges exist
How to add your debit and credit cards to Samsung Pay
Open Samsung Pay and register using your Samsung Account. You may also be asked to scan your fingerprint, (and IRIS on Galaxy S8, Galaxy S8+). Now, to add your credit and debit card, open Samsung Pay and tap on the credit / debit option. On the top right, you have the add button, tap on that, and scan your card using the rear camera. A rectangular box appears on the screen, just ensure that the card is placed in that box. It is similar to how you scan business card, or QR codes. This will fetch all details, such as card number, card holder s name and expiry date.
Alternatively, you can also manually enter all details, the option for the same is available just below the scan box. In the next screen, enter your CVV (CV2) number from the back of the card. Once this is done, Samsung Pay will connect with the card issuing bank, and an OTP will be sent to your number. Enter the OTP and that completes the process. ALSO READ: Samsung Pay: All you need to know about the latest global payment system to enter India
How to add UPI and Paytm accounts on Samsung Pay
One of the other benefits of Samsung Pay is that it also supports Paytm, which is a widely used digital wallet, and UPI, which has made cashless payments simpler. To add Paytm, open Samsung Pay, and tap on wallets, followed by add Paytm.
Next, enter your phone number that you use to access Paytm, and tap on register. You will have to enter the OTP to verify, and your Paytm account will be added to Samsung Pay.
To add UPI account, again head over to Samsung Pay home page, and tap on UPI. Next, tap on add, choose your bank, and once all details are fetched, tap on done. Next, you ll have to tap on the added UPI account, and tap on create PIN. This will be a 4-digit PIN for authentication. ALSO READ: Samsung Galaxy S8 vs Apple iPhone 7: Low-light camera performance compared
How to make cashless payments using Samsung Pay
Now, to make payment using your credit or debit card via Samsung Pay, open the app, and drag from the bottom of the screen to the top. This will bring up all the credit or debit cards that you have added to Samsung Pay. Tap on the card that you want to use and authenticate with your fingerprint scanner or iris. One the screen, you will see the card and ripple animation, which means that the Magnetic Secure Transmission (MST) technology is transmitting information.
Now, tap the back of your Samsung device near the swiping strip of the PoS machine (card swiping machine). Once detected, the vendor will have to enter the amount to be debited, after which, you will have to enter your 4-digit credit or debit card PIN for the transaction to complete. On newer PoS machines, you need to tap the back of your Samsung device near the NFC symbol, just above the display. The transaction will automatically be completed. ALSO READ: Samsung Galaxy S8 camera review: A closer look at the front and rear camera on the newest flagship out there
To pay someone using Paytm, simply open Samsung Pay app, tap on Wallets and then tap on Paytm. You will see your connected account, your balance, option to add money, scan QR code, or show your QR code, and send money.
Tap on send, enter the recipient phone number or choose from your contacts, enter the amount, followed by transaction note. Next, at the bottom, you will see an option to authenticate using IRIS or fingerprint, and the amount will be transferred.
Now, if you want to transfer money using UPI, open app, tap on UPI, select from the list of bank accounts that you have added, after which, you can see options like scan code, send and request. There is also an option to check your account balance. To send money, tap on send, enter the recipient s VPA (virtual payment address), followed by the amount and a note. Tap on next, followed by ‘send’ on the bottom right corner. This it will ask you to enter the 4-digit UPI account password, and once the authentication is done, the amount will be transferred.
Sure, Samsung Pay does away with the need of having to carry your credit or debit card. Also, to be able to make and receive payments using UPI or Paytm, you no longer need to install these apps, as you get these popular payment services under one roof. However, I still had to install the Paytm app after all, as Samsung Pay integration only allows you to send and receive money. For other tasks like mobile recharge, bill payments and other services offered by Paytm, you will have to install the app.