02:57 PM
Tuesday 03 September 2024
Written by – Alaa Hajjaj:
The Saudi Central Bank has signed an agreement with Samsung to make Samsung Pay available in the Kingdom during the fourth quarter of 2024.
The service enables users to save and manage digital payment cards via the “Samsung Wallet” application.
Samsung Pay is expected to be launched in the Saudi market in the coming months, according to the Saudi Central Bank.
In this report, we explain the features of the Samsung Pay service according to the official Samsung website. – 1- Samsung Pay contains an additional layer of security.
2- Every Samsung Pay transaction is covered by the bank’s fraud protection and requires authentication via fingerprint, PIN or iris scan.
3- Your card information is encrypted in a separate and secure data vault.
4- Samsung Pay allows you to make purchases from your phone without the need for physical cards, allowing you to easily make purchases with a simple gesture.
5- Samsung Pay offers deals, gift cards, promotions and offers from thousands of local retailers.
6- Samsung Pay is accepted on millions of e-commerce sites.
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