New Samsung Pay ad highlights just how easy using the service is Comments
- AnonD-356282
- PUa
Antymalware, 29 Sep 2015U blind Fandroid! MST will in 1-2 years become obsolete!!!! So well done for implementing some... moreYeah, the safety aspect of MagStripe isn't great. I've been scammed before, it's much better to use NFC or at least Chip based cards.
EDIT: Actually, security is no big deal. The card info on MST is still tokenised so it's safer than the physical plastic.
- AnonD-356282
- PUa
[deleted post]Well, let's wait and see how many people will actually use the technology on non-NFC readers.
Even if the technology is there, it doesn't mean people will use it.
I think personally, I'd be OK with it, but in HK and Australia, NFC is just everywhere where I go.
- AnonD-356282
- PUa
roy10, 29 Sep 2015that awkward moment when i you realize a small country called Kenya has more than 50% of its e... moreNow, do you seriously think that Apple or Samsung will invest their technology in Kenya? No. Perhaps in 10 years.
I'm well aware of M-Pesa and the likes, and I know exactly how developing countries plan to tackle mobile payments. But it's not nearly the same discussion.
In many developing countries, only 10-30% of the population have access to a BANK account, whereas these payment services allow Telco's to step in and provide banking-like services to customers who otherwise just would never be able to get an account.
Completely different story if you ask me and not what I was talking about.
- AnonD-426278
- uti
Add? I thoughts those were ads..
- AnonD-356282
- PUa
AnonD-7433, 29 Sep 2015O really? It's like a floppy disk huh? I'd love to see your face when you're trying to use App... moreWell, there's always research.
By end of 2015, half of the 12mil terminals in the US will be upgraded to support CHIP technology, which is also mandatory in many other markets, which will bring NFC capabilities to these terminals.
On top of that, Europe and the US had the highest shipment of NFC enabled terminals.
I'm not arguing that the MST feature is great, it's fantastic actually. But did Samsung do their maths? By the time they roll-out in major markets and come to agreements with a substantial list of banks, NFC will be the mainstream payment mechanism.
I like the fact you can use MST where NFC isn't available, I just think that it doesn't make any business sense to go down that path, especially when Samsung only JUST launched the service.
- roy10
- r0K
AnonD-356282, 29 Sep 2015And to balance out my comments on here, let me just add that I think they've done a great job ... morethat awkward moment when i you realize a small country called Kenya has more than 50% of its economy based on mobile payments with predictions that by 2020 over 90% of our economy will be based on mobile phones...we call it Lipa na mpesa and it works even on feature phones (yeah believe me we lead in this field long before the US and Britain adopted mobile payment solutions. so which 3rd world were you talking about?
- AnonD-364786
- PB7
Antymalware, 29 Sep 2015U blind Fandroid! MST will in 1-2 years become obsolete!!!! So well done for implementing some... morehe/she sound more like samesung fan than android !!!
Only thing samsung didn't copy here is the name ;-)
- AnonD-364786
- PB7
samsung got almost all the galaxy S6 edge users for this ad ;-)
- Antymalware
- 39x
AnonD-7433, 29 Sep 2015O really? It's like a floppy disk huh? I'd love to see your face when you're trying to use App... moreU blind Fandroid! MST will in 1-2 years become obsolete!!!! So well done for implementing something that is old, potentialy dangerous even with token like payment system and soon to become obsolete!!! Well done
- AnonD-356282
- PUa
AnonD-7433, 29 Sep 2015Wow, what a bitter hater you are! You must be a diehard Apple fan. This achievement made by Sa... moreI did give them the credit, you clearly didn't read my second post right after the first.
- AnonD-7433
- XMF
Anonymous, 29 Sep 2015This article reads like a promotion... :-\ I fail to see how adding MST hardware is going "... moreO really? It's like a floppy disk huh? I'd love to see your face when you're trying to use Apple pay in a supermarket that doesn't have NFC which is like still the case in most places everywhere. So you think floppy disk is a technology that's still being used by the entire world like MST right? You blind Apple fanboys are clueless as you are pathetic.
- AnonD-442781
- JiR
Anonymous, 29 Sep 2015This article reads like a promotion... :-\ I fail to see how adding MST hardware is going "... moreIt means its backwards compatible with what stores already have, which means you can use it in more places, which means it is a better substitute for a card,which is what it is supposed to be. Which is of course better. Don't think it doesn't have the hardware to do what Apple and android are doing when it can also use android pay system as well.
- AnonD-442781
- JiR
Anonymous, 29 Sep 2015This article reads like a promotion... :-\ I fail to see how adding MST hardware is going "... moreIt means its backwards compatible with what stores already have, which means you can use it in more places, which means it is a better substitute for a card,which is what it is supposed to be. Stop being such a blind fanboy and open your eyes.
- Anonymous
- ys}
This article reads like a promotion... :-\
I fail to see how adding MST hardware is going "one step beyond the competition". It is an old technology, not a new one. Adding MST to Apple Pay would be like adding a floppy disk drive to the new MacBook. Instead, the new MacBook forces change by offering a single USB Type-C port. Likewise with Apple Pay. Samesung's Apple Pay is a hasty response to the competition (just like its recently announced Galaxy annual leasing progam).
- AnonD-7433
- XMF
AnonD-356282, 29 Sep 2015Samsung needs to stop paying out "competitors" when it just keeps following said "competitors"... moreWow, what a bitter hater you are! You must be a diehard Apple fan. This achievement made by Samsung is simply the single best mobile payment solution out there, no competition, NONE. Give them the credit they deserve! And you should put in mind that US and UK are only a small part of the entire world.
- AnonD-415462
- U$4
If you look closely you might realize that it doesn't use nfc for payments... 😑
- AnonD-356282
- PUa
And to balance out my comments on here, let me just add that I think they've done a great job at integrating MST, even if it is a dying and redundant technology in the US and UK, and probably won't exist in 5 years time.
And before you say it, yes, in some developing countries it'll exist for much longer, and will we see Apple/Samsung Pay there anytime soon? No, probably not, it's hard enough to get it out in developed markets.
- AnonD-356282
- PUa
Samsung needs to stop paying out "competitors" when it just keeps following said "competitors" by replicating their every step.
Authorising an NFC payment with a fingerprint, wait, I've seen that somewhere before...
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