Samsung Pay demoed at Cards and Payments Middle East 2016

By Team Feedbaac

At the Cards and Payments Middle East 2016 exhibition, Samsung showcased the wireless Samsung Pay payment technology with their latest Galaxy S7/S7 Edge smartphones and demo payment terminals. Exhibitors at the Samsung stall mentions that the Samsung Pay is planned to go official later this year in the UAE.

Samsung Pay is the company’s initiative to bring mobile payments and digital wallet services with compatible Galaxy smartphones, either by using NFC, or by Magnetic Secure Transmission. The payment service was first launched in South Korea back in 2015, and then following in the United States. Samsung plans to bring the payment service to other banks in countries such as Australia, Brazil, Spain, and Singapore.