Using Mobile Payment Services & Earning Points with Samsung Pay

Blog Post created by vaboywnder on Oct 22, 2017

Prior to getting my most recent Samsung phone (Galaxy S7 Edge) I had been leery of mobile payment services like Apple Pay, Android Pay, and Samsung Pay.   I had previously thought those payment services were unsecure and susceptible to identity theft.  After doing some homework, I found that that is not the case.  Using mobile payment systems like Apple Pay, Android Pay, and Samsung Pay are even more secure than using your credit card directly.

When you use a mobile payment service, your actual credit card number is not stored on your phone. The applications actually transmit an alternate number to the merchant’s payment system.  That means if the merchant is hacked they will not have your actual credit card number.   Mobile Payment Transactions require a Pin or Fingerprint (depending on your phone and application) which adds an extra layer of security.


If you have access to Samsung Pay, I highly recommend it over Android Pay & Apple Pay.  All three services use NFC (Near Field Communication) technology to transmit payment information to a merchant credit card terminal. In addition to NFC, Samsung Pay also uses MST (Magnetic Secure Transmission) which “is a technology that emits a magnetic signal that mimics the magnetic strip on a traditional payment card”. Since Samsung Pay has both NFC & MST I have been able to use it about 95% of the places I shop.  It is fun to go into stores and see the reactions of clerks who are unfamiliar with Samsung Pay.  Many of them will say, “Oh I don’t think that will work here”.  Then they are amazed when it does work.


Samsung Pay commercial - YouTube


Another reason to use Samsung Pay is the Samsung Rewards Program.  In addition to earning points with using my Marriott Credit Card on Samsung Pay, I am also earning Samsung Rewards Points.  The more you use Samsung Pay the more points you earn.  Samsung Rewards Basic Members earn 10 points per transaction, Silver Members (min 5 transactions per month) earn 20 points per transaction, Gold Members (min 20 transactions per month) earn 30 points per transaction, and Platinum Members (min 30 transactions per month) earn 40 points per transaction.  Points are redeemable for items such as merchant gift cards, Visa Gift Cards, and Samsung Merchandise.


I have been using Samsung Pay for several months now and absolutely love it.  My wallet has become much slimmer as it is also capable of storing Gift Cards and Merchant Membership Cards.  Earning extra points for using the service is a Win Win!


Tip:  New users signing up for Samsung Pay should check the promotions tab first.  Usually you can earn extra points for signing up.


Here is a great C-Net Article about Samsung Pay: Samsung Pay: What you need to know (FAQ) - CNET