Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more.

Samsung Pay is now being beta-tested in the U.S. The new digital payment method will be available to select owners of Galaxy devices including the S6, S6 Edge, S6 Edge+, and the Note 5.

Samsung Pay allows users to upload credit card information to their phone and use it as a way to pay at credit card-accepting retailers. Samsung claims that users can pay with their phone at 90 percent of retail locations in the U.S.

The new payment feature is an attempt to compete with Apple, Google, and other tech companies that have recently launched phone-based payment systems. It’s worth noting that unlike Apple Pay, which allows users to make purchases in stores and within native mobile apps, Samsung Pay is only for making purchases at physical retailers.

For now, the beta is selectively open to device owners with credit and debit cards from US Bank and Bank of America, according to the blog Droid Life.

Samsung is expected to formally launch the new payment feature on September 28, 2015. For more on Samsung Pay, check out our past coverage.


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform
  • networking features, and more
Become a member