Samsung Pay is already unique. Thanks to its compatibility with NFC supported point-of-sale (POS) systems, and MST (Magnetic Secure Transmission), the mobile payment service works with more retail locations than its rivals do. In other words, even if a retailer doesn’t have a NFC setup, as long as it accepts swiped credit cards it will work with Samsung Pay. And 85% of U.S. cards support Samsung Pay thanks to the 500+ banks and credit agencies that have partnered with the manufacturer.
Today, Samsung expanded the capabilities of Samsung Pay allowing it to work with Mastercard’s Masterpass online payment service.
