It is slated to be expanding to Brazil, U.K, Australia and Canada sometime this year.

Samsung Pay is currently available in the U.S, Spain, South Korea and China. Samsung pay can store up to 10 cards, while Apple Pay can only store 8. However, just like Apple Pay, the $100 limit still applies if payment is made through NFC, except for UOB cards.ģ. Samsung Pay users will also not be restricted by the $100 limit if they were to make their card transactions via MST. Since almost 90 per cent of merchants in Singapore support the MST technology, Samsung Pay users will be able to shop at more retail outlets compared to Apple Pay users who can only shop at retailers that support NFC transactions.Ģ.

Samsung Pay has an additional technology called the Magnetic Secure Transmissions (MST) technology, which uses magnetic waves to send data, on top of having the Near Field Communication (NFC) technology. Other than some similar features between Samsung Pay and Apple Pay, like requiring fingerprint authentication to authorise payment transactions and putting in card details by scanning the card or keying it in manually, Samsung Pay differentiates itself from Apple Pay in 3 key aspects:ġ. Unlike Apple Pay (which does not have Citibank on board), Samsung Pay currently does not support UOB or American Express cards. To use your Samsung device for payment transactions, you have to own a MasterCard or Visa credit or debit card from DBS, POSB, OCBC, Standard Chartered or Citibank. Samsung Pay can currently be used on these Samsung devices: the Galaxy Note5, Galaxy S7, Galaxy S7 edge or Galaxy S6 edge+. If you're not up to date with e-wallets, Apple Pay and Samsung Pay will basically allow you to make credit card and debit card transactions at retail stores with your mobile device instead of having to use your physical card. As of 16 June 2016, Samsung Pay will launch in our little red dot, making us the first country in Southeast Asia to support Samsung Pay. In April, we reported the launch of Apple Pay in Singapore. This article was originally on GET.com at: Samsung Pay VS Apple Pay: Which Is Better For Going Cashless?

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