Sidebar Sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

Following Poor Performance on Galaxy Phones, 'Samsung Pay Mini' Reportedly Heading to iOS

MacRumors

MacRumors

macrumors bot
Original poster
Apr 12, 2001
67,464
37,702



samsung-pay-1-250x344.jpg
Samsung is planning to launch its mobile payments service Samsung Pay as a downloadable iOS app, according to a new report from South Korea's ETNews. Called Samsung Pay Mini, the app will allow iPhone users to enter their credit card information to make payments within online stores.

Not many details were given about the initial launch, but the app seems to be limited to South Korea and available only as an online payment option with no retail support yet. The rollout in South Korea could begin as early as June.

Samsung's reason behind introducing support for its mobile wallet onto iOS is reportedly due to Samsung Pay's poor performance on the company's line of Galaxy smartphones. An expansion to Apple's iOS ecosystem is hoped to help bolster Samsung Pay usage beyond its current limited scope.
"By releasing SamsungPay Mini, Samsung Electronics has completed a versatile platform that absorbs online and mobile payments." said a high-ranking representative of a card company. "Besides of online payments, SamsungPay Mini will be a catalyst for Samsung Electronics in tying together variety of additional businesses."
Click to expand...
According to sources within the IT and financial industries, the company plans for the new app to be free and work on all Android devices as well as Apple's iPhone. During the initial launch in South Korea, Samsung Card, Lotte Card, and Hana Card have all agreed to support Samsung Pay Mini. KB Card and a few other companies have mentioned interest in joining the service, as well, but beyond South Korea, there was no mention of a wider Samsung Pay Mini launch.

On Apple's side of the mobile payment market, the Cupertino company has been expanding Apple Pay's presence in multiple countries ever since its launch in 2014. This morning, Apple Pay VP Jennifer Bailey described how the company is "working rapidly" to get its mobile wallet into "every significant market" Apple is currently involved in.

Article Link: Following Poor Performance on Galaxy Phones, 'Samsung Pay Mini' Reportedly Heading to iOS
 
Article Link
https://www.macrumors.com/2016/05/27/samsung-pay-mini-heading-to-ios/
I don't understand how this would work. Don't tell me it's via some kind of QR code scanning. I'm almost positive Apple wouldn't grant Samsung access to use NFC on the iPhone, which is currently not open for 3rd party use at all.

I presume this is just a shortcut to use online payments? Perhaps via a share extension?
 
  • Like
Reactions: Sea Bass and Ghost31
I've had no problems with Samsung pay. The fact that I used it 99% of the places I went was awesome. Unfortunately, only one of my normal shopping locations accepts Apple Pay. I flip flop between android and iOS and Samsung pay is one of the really neat features I miss switching back to iOS.
 
  • Like
Reactions: American Hero, rjohnstone and chrismail627
Why? I'm really trying to be non-judgemental about this and legitimately wondering what is the point? If I have an iPhone, why would I download an external app, give them my credit card number, and use some convoluted payment scheme to only pay online using a third party app? Most credit cards already offer virtual credit card numbers if safety is your concern, and honestly at that point i'd be more worried baout trusting Samsung with my data given how their smart TVs behave.
 
  • Like
Reactions: Jamalien, KUguardgrl13, Sea Bass and 10 others
I'd rather take out my actual card and tap to pay.

The only thing better is Apple Pay, which is just as easy, and adds security.
 
Hauss316 said:
I've had no problems with Samsung pay. The fact that I used it 99% of the places I went was awesome. Unfortunately, only one of my normal shopping locations accepts Apple Pay. I flip flop between android and iOS and Samsung pay is one of the really neat features I miss switching back to iOS.
Click to expand...
I've never tried Samsung Pay, I'm curious to hear how you think it differentiates from Apple Pay and how it's better?
 
Hauss316 said:
I've had no problems with Samsung pay. The fact that I used it 99% of the places I went was awesome. Unfortunately, only one of my normal shopping locations accepts Apple Pay. I flip flop between android and iOS and Samsung pay is one of the really neat features I miss switching back to iOS.
Click to expand...

Samsung Pay's ubiquity relies on an obsolete technology remaining in use — which is now rapidly going away.

In Toronto, it's now rare to find a store that doesn't accept tap payments. In other words, Apple Pay is accepted pretty much everywhere now.

Meanwhile, magnetic swipes are increasingly being disabled due to security concerns and banks and credit card companies are issuing some cards entirely without a magnetic strip.

This all depends on where you live but magnetic strips and SamsungPay's "advantage" is quickly disappearing.
 
Last edited:
  • Like
Reactions: Ghost31, pianophile and JonneyGee
Hauss316 said:
I've had no problems with Samsung pay. The fact that I used it 99% of the places I went was awesome. Unfortunately, only one of my normal shopping locations accepts Apple Pay. I flip flop between android and iOS and Samsung pay is one of the really neat features I miss switching back to iOS.
Click to expand...
Where do you shop? CVS is literally the only place I've ever been that accepts NFC payments that accepts Samsung Pay and not Apple Pay. Anywhere that accepts NFC is technically capable of accepting Apple Pay. They have to be blocking it on the software side to not accept it.
 
  • Like
Reactions: Jimmy Bubbles
miniroll32 said:
Wait, WHAT?

Why would anyone even consider using this over Apple Pay? Hahahahahahah!
Click to expand...
[doublepost=1464366546][/doublepost]You may not be aware ( as an apple fan) but Samsung Pay is superior to Apple Pay in every way, shape or form. You just need to inform yourself a little more and maybe you won't be laughing so much. :)
[doublepost=1464366693][/doublepost]
BklynKid said:
I've never tried Samsung Pay, I'm curious to hear how you think it differentiates from Apple Pay and how it's better?
Click to expand...
Apple Pay only lets you pay on terminals that offer NFC payment. Samsung Pay lets you pay on NFC terminals as well as regular, plain card readers that do not have any NFC capability whatsoever.
[doublepost=1464366795][/doublepost]
Jimmy James said:
I'd rather take out my actual card and tap to pay.

The only thing better is Apple Pay, which is just as easy, and adds security.
Click to expand...
Do you even know what Samsung Pay does? How it works?
 
  • Like
Reactions: American Hero and samcraig
matt3526 said:
Why would anyone ever want this? People will either use Apple pay or Android pay. Who is going to unlock their phone and open an app to pay?
Click to expand...

As stated in the article, it's for the Korean market only at the moment. Online payment is a really big thing here in Korea. People buy a lot of things online, from groceries to movie tickets and even paying your bill. It's very smart of Samsung to try capitalize on this now since neither Apply Pay or Android Pay is available here yet. The only competitions now are some local payment systems which don't have the hardware advantage.
 
  • Like
Reactions: Shirasaki, acidsoul and big-ted
Legitimate question: Why would anyone use Samsung Pay instead of Android Pay, which already ships with Android? Samsung Pay is just redundant, no?
 
  • Like
Reactions: JonneyGee
zubikov said:
Why? I'm really trying to be non-judgemental about this and legitimately wondering what is the point? If I have an iPhone, why would I download an external app, give them my credit card number, and use some convoluted payment scheme to only pay online using a third party app? Most credit cards already offer virtual credit card numbers if safety is your concern, and honestly at that point i'd be more worried baout trusting Samsung with my data given how their smart TVs behave.
Click to expand...

Exactly. VCN are awesome and I try and use them all the time if possible when shopping online.
 
v0lume4 said:
Legitimate question: Why would anyone use Samsung Pay instead of Android Pay, which already ships with Android? Samsung Pay is just redundant, no?
Click to expand...
Samsung Pay can work on both NFC and traditional card terminals. The latest flagships have a magnetic coil in them that beams the virtualized /tokenized card number to mimic a card swipe. This takes the guessing out of whether or not a store has NFC.

In addition, Samsung Pay seems to have more loyalty card options and will utilize the proximity sensor as an IR blaster to make barcodes easily scannable at the register.
 
  • Like
Reactions: v0lume4
I gotta admit China's Scan Pay is way ahead of Apple Pay and Android Pay.
It is way easier and faster.
 
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back