According to foreign media reports, apple pay still accounts for the majority of mobile payment in the European and American markets. Google pay is catching up closely, while Samsung pay seems to be far behind, but it still has some unique functions. In addition to MST technology, it can even be compatible with traditional magnetic stripe terminals,Samsung's service in Germany also has a feature that has not been implemented elsewhere, that is, it can actually link any bank account to Samsung pay.
In Germany, Samsung has worked with visa and solarisbank AG to introduce Samsung pay into the country. Instead of working with specific banks, it relies on visa's network to do its job. When a user registers for Samsung pay, visa issues a virtual Visa debit card that can then be used to link to almost all German bank accounts.
It is understood that this is the first time visa has provided this service in Europe. This will undoubtedly make it easier for people to start using Samsung pay, especially since the registration process for solarisbank does not require personal visits to branches or even video identification.
The problem is that Samsung pay started in Germany as a beta service, although it was an open beta. The list of supported devices is limited to the Galaxy S and Galaxy note flagship machines, starting with the galaxy S10, but does not include any Lite models. If all goes well, the service will begin on October 28.