Electronic Wallets

Samsung e-wallet

Electronic wallets or so-called digital wallets. This term has spread globally and is so popular due to the security of mobile phones .and their simple and easy way of paying anywhere you are.

Electronic wallets are also payment apps that allow users to make purchases instantly online or in-store. In this article, we will talk about the Samsung Pay portfolio one of the most prominent and famous electronic portfolios.

Is Samsung e-wallet safe?

Samsung e-wallet can store credit card data completely and securely. That wallet does not store account numbers or credit cards on the phone.

But every time a purchase is made, the phone sends the data to the two-part payment station. The first is a distinctive code consisting of 16 numbers indicating the credit card number. The second is a single-use code or encryption software for each purchase.

Where is the Samsung e-wallet service available?

Samsung Pay is currently available in several countries around the world. They are as follows:

The UK – the USA – Canada – China – France – Belarus – Brazil – Australia – India – Italy – Malaysia – Kazakhstan – Indonesia – Mexico – Puerto Rico – Singapore – South Africa – Sweden – Taiwan – Switzerland – Spain – Russia – Vietnam – United Arab Emirates – Thailand – Hong Kong – Kuwait – Germany.

Phones that support the Samsung e-wallet feature

This service “Samsung Pay” is available in.Galaxy phones from the latest version of any Galaxy S21 Ultra to Galaxy Note5 from 2015.

Samsung Pay is also available in some smartwatches. including The galaxy watch – Galaxy watch Active – Gear Sport – Gear S2 – Gear S3.

The difference between Samsung Pay and Google Pay and Apple Pay:

The fundamental difference is that Samsung Pay works with all stores that accept payment with credit or debit cards. Not only in stores that include NFC devices.

Samsung Pay also offers cashback, vouchers, and offers. Chase Pay users can also link their existing electronic wallets to “Samsung Pay.”

Samsung Pay also allows the possibility of paying friends .or family or making payments to a person in front of a person. In that case, you will need to register for a payment card called “Samsung Pay Cash”, as well as your friends or family must also own an account to receive funds.

If you lose your mobile phone or credit card, what happens?

when you lose your mobile phone it is not possible. to make any payment from your phone without getting your fingerprint, PIN, or eye fingerprint.

If you lose your credit card, you should contact the bank to cancel the card. Then you can’t use the credit card in “Samsung Pay” for a certain period and the app will launch a new account number when the bank issues a new credit card or returns and does the old one.

In conclusion, we wish this article to be clear and useful. If you have any queries about e-wallets or forex, contact us to help you resolve all your queries.

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