Samsung Pay South Africa has launched, expanding mobile payment capabilities across the country

The digital payment service allows users to make payments at almost anywhere a  contactless payment is accepted.

The mobile payment solution supports magnetic secure transmission (MST) as well as near-field communication (NFC) technology.

The merchants can use their traditional credit card machines to process Samsung Pay transactions.

Expanding mobile payments reach

The service features the company’s Samsung Knox security platform. It also integrates with biometric authentication via iris or fingerprint scanning.

In addition, the app’s tokenisation functionality avoids any exposure of original card information during a transaction.

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By GlobalData

Absa and Standard Bank are supporting Samsung Pay South Africa. Using Samsung Pay South Africa, customers can access Mastercard, Visa and Virgin Money payments cards.

It will also support Avios and British Airways credit cards.

Samsung South Africa vice-president of integrated mobility Craige Fleischer said: “Samsung Pay works almost anywhere you can swipe, insert or tap a card, so as the first country in Africa to implement this, we are hugely excited about how it’s going to transform our customers’ lives.

“Samsung Pay is committed to driving the mobile wallet movement in Africa, and this launch furthers Samsung’s dedication to delivering innovative services to consumers everywhere.”

The mobile payments giant is now available in 24 markets across six continents, where it is said to have facilitated more than 1.3 billion transactions.