Today in this article we will talk about What is it, how does it work, do you use and activate Samsung Pay? Samsung Pay is a mobile payment platform, but first we need to know what a mobile payment is? When we talk about Mobile Payment we refer to transactions of a financial nature, but with the help of mobile devices.
This payment method is an alternative, in cash or by credit card. By using mobile applications you can use this payment method.
To be taken as an alternative to the 2 main payment methods, such as cash and the use of bank cards, the mobile payment methods have a series of characteristics that make them relevant.
Some of these characteristics are their universality due to the fact that they work with almost all banking institutions, they are easy to use through their applications, currently a high percentage of the population has mobile devices, having the possibility to use them, they are safe to pay for services or goods.
Since we have a context of what are the methods of Mobile Payment, we can deepen the topic that corresponds to us in this article, that is, What is it, how does it work, do you use and activate Samsung Pay? Next, we will answer each of these questions throughout the text.
What is Samsung Pay?
Samsung Pay is the mobile payment platform of the South Korean multinational Samsung. Like any mobile payment platform, has its own app in the play store, which is safe to use.
Samsung Pay's initial launch date was August 20, 2015. Currently, the application has approximately 5 million users, processing US $ 500 million in six months.
How do i use Samsung Pay?
Knowing what this payment method is, we need to know how to use Samsung Pay. The good news is that it is not at all complicated to use. This application offers the possibility to affiliate the desired bank cards, in case it is the bank as an application option.
Next, we will mention and explain the steps to follow to use Samsung Pay, so that you can use this simple and modern alternative as soon as possible.
Register the bank cards to be used
The first step to take is register the banking institutions with which we have deposited our money. We can do this using the Samsung Pay app, scanning bank cards or manually filling in the required information.
Choose which bank to use
This step has already been developed at the time of sale, i.e. when paying, we have to search the app for our bank cards and then give them access to transfer money.
Once the payment method is ready, the mobile device must be brought close to the machine that receives the payment, being the last step when paying for a purchase
Check the information provided on the invoice
Finally, at the end of a payment, the application displays the on the screen confirmation of payment together with the details of the transfer, also saving the invoice.
What are the advantages of using mobile payment methods?
We have already talked about What is Samsung Pay? and the steps to use this app. This new alternative has gained popularity, thanks to advantages it offers to those who use them, benefits such as.
- Speed up payments, eliminating huge queues in some exercises, thanks to the fact that it is simply bring the mobile device closer to the payment point, saving time thanks to its speed.
- It allows better control of invoices because all the details are saved from the app, helping to draft more accurate expense accounts at any time of the day, because it is stored in your phone
- It serves universally, its use being flexible, serving equally for online purchases
All these benefits are exploited by downloading the Samsung Pay application on your mobile phone. We hope this article was useful to you and encouraged you to try mobile payment methods.
