The wait is over. You can now add the United Overseas Bank‘s (UOB) cards and FEVO Prepaid Mastercard to the list of your payment options on your Samsung Pay. In addition, the Citi Debit Mastercard is also now available to be added to the growing pack of financial institutions who have joined hands with Samsung.
Eugene Goh, Vice President, IT & Mobile, Samsung Electronics Singapore said that the new additions is “part of their ongoing efforts to enhance the payment experience for their customers.”
This does not come as a surprise as Apple has also been seen aggressively partnering with various banks to make Apple Pay more convenient for its users. But what Apple Pay is lacking is what Samsung is capitalising on quickly. We are referring to security.
Apple has yet to officially address the security of contactless payment on its Apple Pay so far and it looks like they will not be addressing it anytime soon. Perhaps we will see it on the next iPhone?
While for Samsung, they have greatly enhanced their security feature notably through their latest flagship smartphones, the Galaxy S8 and S8+. Unlike Apple, Samsung has moved beyond fingerprint scanning. If you have not read our review, Samsung has integrated iris recognition technology to its S8 and S8+, which is “a highly secured biometric authentication system.” That is not all. Samsung has also further fortified the smartphones with the Samsung Knox, “Samsung’s industry-leading defense-grade security platform.”
It may be too early to tell. But we could be seeing the most secured mobile payment application yet.
What do you think?
Image credit: Samsung