29 May 2017
register for the webinar

Samsung Pay finally arrives in UK

16 May 2017  |  6943 views  |  1 SamsungPay

Samsung's long-awaited push into the UK market for mobile payments is finally over.

Originally scheduled for release in 2016, the app is set to make its debut on compatible user devices later today.

The hold up is believed to be related to the UK bank industry's reluctance to support the use of Samsung's MST technology for magstripe emulation on non-contactless terminals. This element has now been disabled in the UK.

The release comes on the back of positive reviews for Samsung's new flagship device the Galaxy S8 and features a pushbutton smartwatch version for the Gear S3 timepiece.

We're still awaiting official confirmation from Samsung, but there are enough disabled links on Google from companies which jumped the gun - including Samsung's own FAQ's page and a report from consumer group Which? - to be confident that the roll-out is imminent.

Update: Confirmation arrives from Visa, which is providing the tokenisation service for Samsung pay in the UK. The card scheme says the service will initially be available to Visa cardholders who bank with MBNA, Nationwide and Santander. Samsung shares that HSBC, first direct, M&S Bank and Amex will also be joining soon.

Comments: (1)

Robin Setty
Robin Setty - ACI Worldwide (EMEA) Limited - Watford | 17 May, 2017, 09:55

#toolatetothegame.

1 thumb up! 1 thumb up! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Samsung Galaxy S8 facial recognition software not ready for payments

Samsung Galaxy S8 facial recognition software not ready for payments

26 April 2017  |  6939 views  |  1 comments | 14 tweets | 10 linkedin
Talk to the phone: Samsung unveils Bixby

Talk to the phone: Samsung unveils Bixby

21 March 2017  |  3325 views  |  0 comments | 7 tweets | 9 linkedin
Google kills off Hands Free payments app; Samsung Pay comes to more Android handsets

Google kills off Hands Free payments app; Samsung Pay comes to more Android handsets

03 February 2017  |  7594 views  |  0 comments | 17 tweets | 15 linkedin
Samsung Pay rolls out points-based rewards system

Samsung Pay rolls out points-based rewards system

15 November 2016  |  4723 views  |  0 comments | 5 tweets | 11 linkedin
SamsungPay moves online, rolls out to new markets

SamsungPay moves online, rolls out to new markets

26 October 2016  |  7322 views  |  0 comments | 13 tweets | 14 linkedin
Samsung Pay hits 100m transaction mark on first anniversary

Samsung Pay hits 100m transaction mark on first anniversary

24 August 2016  |  6429 views  |  1 comments | 9 tweets | 10 linkedin
Samsung Pay wins Citi support for Singapore launch

Samsung Pay wins Citi support for Singapore launch

31 May 2016  |  5482 views  |  0 comments | 6 tweets | 5 linkedin
Samsung Pay adds loyalty cards in the US

Samsung Pay adds loyalty cards in the US

18 May 2016  |  6691 views  |  1 comments | 18 tweets | 8 linkedin
Samsung Pay pushes into SouthEast Asia with Singapore launch

Samsung Pay pushes into SouthEast Asia with Singapore launch

20 April 2016  |  7471 views  |  0 comments | 8 tweets | 9 linkedin
Samsung Pay takes on Apple in China

Samsung Pay takes on Apple in China

29 March 2016  |  5947 views  |  0 comments | 9 tweets | 10 linkedin
Samsung Pay reveals latest figures, draws international expansion roadmap

Samsung Pay reveals latest figures, draws international expansion roadmap

22 February 2016  |  7534 views  |  0 comments | 12 tweets | 9 linkedin
CaixaBank first in Spain to introduce Samsung Pay

CaixaBank first in Spain to introduce Samsung Pay

22 January 2016  |  9937 views  |  0 comments | 17 tweets | 15 linkedin

Related blogs

Create a blog about this story (membership required)
visit www.events.sap.comvisit www.ebaday.comvisit dh.com

Top topics

Most viewed Most shared
BBVA launches Open API marketplaceBBVA launches Open API marketplace
14510 views comments | 53 tweets | 82 linkedin
Bank/fintech collaboration can take transaction banking to new heightsBank/fintech collaboration can take transa...
8213 views comments | 12 tweets | 24 linkedin
R3 raises $107mR3 raises $107m
7720 views comments | 17 tweets | 16 linkedin
TransferWise launches multi-currency business bank accountsTransferWise launches multi-currency busin...
7544 views comments | 12 tweets | 21 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job