Users can store all of their credit and debit cards in a safe, secure wallet app. They both allow users to make mobile payments either in person, through apps, or online. Apple Pay: Full Comparisonįirst and foremost, Samsung Pay and Apple Pay have a few key things in common. Let’s break it all down below so you can decide which payment platform is best for your needs. But, what are the differences between Samsung Pay and Apple Pay? Presently, Samsung Pay and Apple Pay are two of the most popular mobile payment platforms around.
Now, you can conveniently store them all right inside your phone. Thanks to contactless payments, there’s no longer a need for you to carry around a big wallet full of all your cards. Mobile payment platforms can really come in handy. Apple Pay adds another layer of security to its purchases by authenticating them with Touch ID or Face ID.Less than 2% of all in-store purchases are made with mobile payment services.Apple Pay is the preferred mobile payment service, accounting for more than 45% of all purchases made with a digital wallet.Samsung Pay was recently moved inside Samsung Wallet, which adds support for digital keys and cryptocurrency.Instead, they receive a virtual account number and password that they then use to authorize your payment. This process keeps merchants from ever knowing your real card number. Both Samsung Pay and Apple Pay rely on tokenization to perform their contactless payments.© Rido / 5 Must-Know Facts About Mobile Payment Services
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