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by NSAID 2871 days ago
> Samsung Pay (works on credit card readers)

I hadn't heard of that before. That's pretty cool.

"Magnetic Secure Transmission (MST) is a technology that emits a magnetic signal that mimics the magnetic strip on a traditional payment card. MST sends a magnetic signal from your device to the payment terminal's card reader (to emulate swiping a physical card without having to upgrade the terminal’s software or hardware)"

https://www.samsung.com/us/support/answer/ANS00043865/
2 comments
DennisAleynikov 2871 days ago
It's literally the most epic thing, I feel like Harry Potter when I go into stores and wave my watch over their credit card reader :)

I actually gave up my wallet 3 years ago to only use this and it's not let me down yet. Also nice to not have a wallet bulge in my back pocket cuz I do sit a lot and it's taken a toll on my spine being disaligned.

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xd1936 2871 days ago
Yup. Samsung bought a company called LoopPay a couple of years ago. They invented and patented the tech.

https://www.looppay.com/

https://www.recode.net/2015/5/13/11562614/samsung-paid-aroun...

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