Thursday, August 27, 2015

Want to try Samsung Pay?

You will have to check a lot of boxes to be able to try it.

Here are a few:

  • Either a Samsung Galaxy S6, Galaxy S6 Edge, Galaxy S6 Edge Plus, or a Galaxy Note 5 smartphone.
  • A current Samsung Account. You’ll probably have one of these if you own a Samsung smartphone, as it’s used for Samsung’s own apps and services. If not, you can always sign-up for one here.
  • Connected to either AT&T, Sprint, T-Mobile, or U.S. Cellular.
  • A Visa or MasterCard from the Bank of America, or a U.S. Bank Visa card.

Here is the full story:

http://www.digitaltrends.com/mobile/samsung-pay-news/

I see no way this can be a fast growth capability.  Too many limitations.  Like Apple Pay, it will grow with time as the options to use it grow. All of these limitations mean there is only a tiny subset of Samsung phone owners who are able to try it.

The biggest challenge may be that time is against them.  As EMV comes in to full focus this year, chip and pin, this technology will become increasingly obsolete.  This seems like too little too late to me.

Happy Reading,

J.W. Gant

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