A couple weeks back, I wrote about my initial experience with mobile payments through Google's Android Pay platform. Since then, I have gotten myself Samsung's new Galaxy Note7 and that opened up the doors for me to try Samsung's very own payment platform called Samsung Pay. As of today, Samsung Pay is only available in 8 countries but Samsung is working towards doubling that number within the next 12 months.
One of the biggest advantage that Samsung Pay has over other mobile payment platforms is it's support for both NFC and MST (abbreviation of Magnetic Security Transmission) transactions. This is the result of Samsung's US$ 250 million acquisition of the startup Looppay which designed the actual technology that enables payments to be made through the magnetic strip of a payment terminal.
Ever since I started using Samsung Pay, I never once looked back. So here's my review.