The UK is still waiting for Samsung Pay to arrive, and with the Galaxy S8 and Galaxy S8 Plus launch expected later this month there is fresh hope for the mobile payments service and Android Pay rival.
However, while we're still waiting for Samsung Pay to come to the UK at all, let alone to the flagships in Samsung's line-up, the company is now reportedly planning to roll out the service to other phones lower down its range.
This previously might have been problematic, due to the need for a fingerprint scanner to authorise payments, but apparently now all you will need is a PIN. This will allow the company to get a foothold in developing countries, where budget and mid-range phones are more common.
According to Mashable Samsung is trialling the service first in India, where it is currently making negotiations with payment providers. If it is successful, it will likely be adopted on a global scale.
What is Samsung Pay?
Samsung Pay is a mobile payments service that allows secure mobile payments to be made at participating shops and points of sale.
It was originally thought to be useful only for Samsung devices, however the company evidently had hoped to also take on competitors including Apple Pay and Android Pay. According to MacRumors the Samsung Pay Mini app has just been rejected from Apple's App Store (no great surprise), but the company is still planning an Android launch for the app, which is expected to feature the Bixby AI assistant and come alongside the Galaxy S8, possibly in February at MWC or at a separate Unpacked event in March.
Samsung Pay combines NFC and a new MST (Magnetic Secure Transmission) technology to allow you to make payments using your Samsung Galaxy smartphone (for instance the new Samsung Galaxy S7 and S7 Edge), smartwatch or tablet. Samsung has already partnered with Visa and Mastercard on the project, and is working to get major banks involved.
The introduction of MST makes Samsung Pay a universal solution that is compatible whether the checkout terminal supports NFC or the traditional magstripe found on debit- and credit cards. Samsung says this means the payment service could be accepted at 30 million merchant locations worldwide.
It says it takes only a few steps to add a card to your Samsung Pay account, and using your phone to pay for goods and services is then simple, fast and secure - more secure than carrying a credit card in any case, with no account numbers held on the device and all sensitive data replaced with unique tokens. Payment security is also provided by Samsung Knox and ARM TrustZone, which work together to prevent fraud and data theft.