I don't understand that payment can be made if you just put your smartphone on the magnetic terminal.
I feel like I need to scratch something...
Does it mean that it operates as nfc?
678 2015-10-14 Gentleman
No. It's recognized by the module built into the phone when you just touch the magnetic terminal.
If you've never seen it, you won't understand it, but you'll get the hang of it if you watch the video below.
The technology itself was not developed by Samsung, but was owned by a startup company in the United States, and it was acquired by Samsung and made into Samsung Pay.
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