Android or iOS now everyone is up with a smartphone. Well in the era of latest technology and Gadgets, the techies are trying to bring innovative technology to make life much easier. Virtual Cards, is what we are talking about. They are no new. Well there are several mobile Apps available for your smartphone to make payments. But with Virtual Card you can actually move around without your physical cards (Credit or Debit cards). South Korean Giant Samsung has launched its virtual card Samsung Pay which offers not only easy transactions but also secure ones with MST band. It is widely popular in Korea. We know Samsung Pay has already being reaching out to major countries and next is Singapore.
Samsung Pay – Just Swipe or Tap to Pay
Samsung pay debuted in South Korea followed by USA, Australia, Brazil and now its turn for Singapore. If you live in Singapore then you can soon say goodbye to your physical cards as Samsung Pay will make you life much better where Payments and Money are involved.
If you are worried about Security then be patient, the virtual card comes with Magnetic Secure Transmission ( MST) band same like that available in Physical cards plus it also adds fingerprint scan. Folks in Singapore can avail the Card via Singtel. The local carrier is going to collaborate with Samsung to create massive demand for the Samsung Pay.
We hope to see Samsung pay hitting other countries soon. We will keep you posted upon further updates.
What are your views about the Samsung Pay or Virtual Cards? Will you opt for one when they hit your country? Do share your views with us in the comments section below.