After seeing Maybank Pay and CIMB Pay, Samsung Pay is finally rolling out in Malaysia. It isn’t officially launched yet but Samsung has commenced Beta trials in partnership with Maybank. With Samsung Pay, you can make debit/credit card payments using your Galaxy smartphone.
For now, only Maybank Visa Credit, Debit or Prepaid Card are supported. Unlike other mobile payment systems, Samsung Pay uses both NFC and MST. With MST (Magnetic Secure Transmission), you can use it on older credit/debit card terminals as it can emulate a physical card being swiped on the magnetic stripe reader.
According to Maybank, Samsung Pay is compatible with the following models:
Galaxy S6 edge+
Galaxy S7 edge
Galaxy Note 5
Setting Up and using Samsung Pay
If you’re interested, you’ll need to register yourself to join the Samsung Pay Beta Test program. An email will be sent to you within 10 days if your registration is successful. They are still accepting new registrations until 16 December 2016.
To set up Samsung Pay, you would need to do the following:
1. Update your OS to the latest android 6.0.1 Marshmallow
2. Check that your mobile is logged into your Samsung Account
(Go to Settings > Accounts >Samsung Account)
3. Click on the Samsung Pay icon
4. Tap INSTALL to download and install Samsung Pay
5. Assign your PIN and fingerprint as the verification method
6. Touch ADD CARD to enroll your Maybank Visa Card(s)
7. Align Maybank Visa Card inside the frame to automatically detect the card number and expiry date
(Note: Touch Enter Card Manually if the card information cannot be detected)
8. Enter the remaining information and touch NEXT
9. Review the terms and conditions and then touch AGREE TO ALL
10. Select a method to authenticate your identity via SMS (one-time password, OTP)
11. Enter the OTP and touch SUBMIT
12. Sign within the blue box and touch SAVE
13. Touch DONE to complete setup
To make payments, just swipe up on the home screen and authenticate using your fingerprint or PIN number. After that, just tap your phone to proceed with payment. For older terminals, you’ll need to tap the back of your phone on the side of the card reader. You can learn more over here.
Maybank is also having a promotion for Samsung Pay Beta transactions. Between 12 December 2016 and 11 February 2017, 500 lucky Samsung Pay users will get RM100 Cash back. You’ll get an entry with every RM500 accumulative spending using Samsung Pay.
Samsung Pay can be used globally and you can use it as long as your card is authorised for overseas use. It is available in South Korea, United States, China, Spain, Australia, Puerto Rico, Singapore, Brazil and Russia. For more information, head over to the Samsung Pay page.
Thanks @IchigoWie for the tip!