Right now Samsung Pay, just like a lot of other mobile payment services, facilitates purchases made in stores by tapping the device against the terminal. However unlike other platforms like Android Pay or Apple Pay, Samsung Pay cannot be used to make online purchases, at least not until 2016.
According to a report from Reuters, it seems that Samsung plans to bring online payment support to Samsung Pay in 2016. It was also reported that Samsung Pay would make its way to lower-end handsets in 2016 as well. This was confirmed by Thomas Ko, the global co-general manager of Samsung Pay who stated that support should be coming within the next year.
Unfortunately no specific dates were mentioned so for now, users of Samsung Pay or owners of non-supported Samsung Pay handsets will have to wait. However as it stands, only Samsung phones will only be allowed to use Samsung Pay but we expect that there will come a time where Samsung could open up its service to non-Samsung phones.
In the meantime Samsung Pay appears to have been off to a good start, especially back home in South Korea where the service currently has 1 million plus subscribers, and where during its first month of availability, it processed more than $30 million in transactions.
Filed in Samsung and Samsung Pay.
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