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With the need for digital transactions on the go, all manufacturers have been trying to implement China embroidery machines Factory their own iteration of wireless payment portals. Your phone goes along with you wherever you go, so it is better to use it to make payments instead of carrying additional cards.2. With Samsung KNOX, the phone is constantly monitored for vulnerabilities.1.If you are willing to overlook these niggles, then Samsung Pay makes for a good wireless transaction portal. Your cards can stay at your place while your smartphone can do all the dealings with bill counters.No need to carry physical cardsThe whole concept of Samsung Pay is to replace your physical cards with your smartphone.However, not all is well in Samsung Pay’s camp.3.(Source).Can be used anywhereSamsung Pay uses MST chip, which makes it possible to use on existing card-based cashless modes of transaction. Plus, if you have the Samsung Galaxy S8, you can even authenticate your transactions through iris scanner as well. Samsung Pay uses Magnetic Secure Transmission to perform a transaction to any PoS device, without needing any infrastructure upgrade.

Therefore, you can use Samsung Pay at petrol stations, restaurants, movie theatres and all other places that have to use a PoS machine for transactions. The card and account numbers are sent through encrypted alphanumerical codes, which is difficult to hack.Secure transactionsSince MST chips replicate a card swipe by sending magnetic radiation to the machine, there is no need for physical contact between both the machines.4. Therefore it can be of immense help to the average Indian smartphone user in sorting out the hassles of daily life. If your device gets stolen, you can remotely wipe off your data without letting anyone else accessing your financial details. Even if the phone is compromised, card information is still safely encrypted within a separate and secure data vault. It can change the way you make payments and makes mobile devices even more important in our life. Unfortunately; India hasn’t yet received popular wireless payment solutions from manufacturers like Apple Pay and Android Pay.