Samsung Wallet (formerly Samsung Pay)

2024: Shutdown in Russia

On March 27, 2024, Samsung announced the shutdown of the Samsung Pay payment service. The corresponding notification is published on the official website of the South Korean manufacturer.

Starting April 3, 2024, the addition and use of Mir cards in Samsung Pay will not be available. At the same time, the functionality of adding and using club cards/loyalty cards in the Samsung Pay application will work unchanged, Samsung said in a statement.

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The changes relate only to Russia and Mir maps. Samsung Pay will continue to work in Belarus unchanged, allowing you to add and use partner banks to Visa and Mastercard cards, the company said.

Some Russians use Samsung Pay to pay for public travel. From transport April 3, 2024, this feature will no longer be available, the company recommends using alternative methods of payment for travel - for example, the ""card in and Three To Moscow other regions where it works. Owners smartphones under Android management can use an application or Mir Pay bank services for contactless payment.^[1]

2022

Service renamed Samsung Wallet

In June 2022, Samsung renamed Samsung Pay to Samsung Wallet. Now it stores not only bank cards. Samsung Wallet has merged the Pay, Pass and Blockchain Wallet apps. Also, the application itself is integrated into SmartThings.

You can add bank cards, digital keys to your home and car, tickets for transport and events, discount cards, and so on to Samsung Wallet. With its help, it will be possible to pay with cryptocurrency and track smart tags on things. All cryptocurrency from connected exchanges is displayed in one place. You can track all your assets.

It is announced that support for official IDs, driver's licenses and student tickets will later appear in Samsung Wallet. Wallet is protected by the Samsung Knox security platform. Only the owner has access to the data.

The Samsung Wallet app is available in, USA,, France,, and Germany. Italy Spain Great Britain It will gradually become available in other countries.

Rospatent annulled a controversial patent that prevented the sale of Samsung smartphones

In the fall of 2021 patent , due to a dispute with the Swiss Sqwin to South Korean , the manufacturer was banned from selling Russia in more than 60 models. smartphones

The Chamber of Patent Disputes, Rospatent having considered Samsung the objection to the patent owned by the Swiss company Sqwin SA, decided to annul this patent. This became known on March 28, 2022.

Lawyers representing Samsung managed to prove that the description of the invention in the Russian patent does not coincide with the first international application; the Russian patent was supplemented and expanded, which contradicts patent practice.

Sqwin appealed to the court with a demand to ban the operation of the Samsung Pay payment system in Russia in early 2020. The company claimed that the operation of said payment system used the technologies of its patent, which describes "a method for making an online payment using the buyer's mobile device and the seller's cash system, which are connected by wireless connection of any known standards and protocols."

In the summer of 2021, the court satisfied Sqwin's claim, and in October, by an additional decision, as an interim measure, Samsung banned the sale of 61 models of smartphones supporting the payment system. In turn, Samsung filed an application with Rospatent to annul Sqwin's patent for this invention due to registration violations. Recently, the Court of Appeal overturned the decision to ban the sale of smartphones with Samsung Pay in Russia.

Samsung in early March 2022 suspended the supply of its products to Russia due to a special military operation in Ukraine^[2] of ^[3].

2021

Number of users - 132.6 million

Data for 2021

Risk of ban in Russia due to claim of Swiss company

In July 2021, it became known that Russia may prohibit the operation of the Samsung Pay payment system, whose market share is about 17%, due to a patent dispute.

The court satisfied the claim of the Swiss company Skvin SA against Samsung Electronics Rus Company LLC and Samsung Electronics Co Ltd. for using the invention under the Electronic Payment System patent.

From the decision on the claim, it follows that the court actually prohibits the work of Samsung Pay in Russia, as well as the import of devices with its support into the country. The decision will take effect in a month unless appealed.

2018: Authorities probe into Credit Suisse and UBS boycott against Samsung Pay

In November 2018, the Swiss Competition Commission (WEKO) launched an investigation into an alleged boycott of payment services Apple Pay and Samsung Pay by financial firms including Credit Suisse, UBS, Aduno Holding and PostFinance, Swisscard. Offices are being searched. Read more here.

2017

Samsung Pay reveals data of mobile device owners

An error Samsung in the Pay app puts the confidential information of mobile device owners using the payment service at risk. According to a researcher from the company Tencent known as HC, the error allows data breach^[4] to^[5] used to authorize and execute transactions^[6]

According to him, an unauthorized attacker can extract tokens and view communications between users and banks in clear text, and if there is enough information, generate another token and use it to withdraw funds from victims' accounts.

The vulnerability is not contained in the payment service itself, but in the Samsung Pay application. It consists in the fact that an unprivileged user can access the phone logs, HC noted. The researcher tested the attack on the Samsung Galaxy S6 smartphone, but according to him, all models of the Samsung Galaxy line, whose owners use the Samsung Pay payment service, are potentially at risk. HC tried to exploit the vulnerability on other smartphone models, but to no avail. However, with the proper skills and tools, compromising Samsung Pay is quite possible, he said.

2016

Samsung Pay contactless payment system begins to work in Russia

Samsung launches the Samsung Pay payment service in Russia, which will allow users to conduct contactless payment for goods and services from the brand's smartphones. The system will be launched on September 29, 2016 with the support of the Russian operator MTS.

To verify the identity of the payer before conducting the transaction, Samsung Pay requests a fingerprint or personal numeric code. After that, the smartphone must be brought to the terminal or, if the terminal does not support contactless payment, attached to the right of the magnetic strip reader. Alfa-Bank customers have access to the service of blocking a lost plastic card while maintaining the ability to pay for its details from a smartphone through Samsung Pay^[7].

Samsung Pay is supported by Alfa Bank, VTB 24, MTS Bank, Raiffeisen Bank, Russian Standard Bank and Yandex. Payments are made through Mastercard. Samsung promises to hold a "second wave" of Samsung Pay launch in late 2016 - early 2017, after which the number of partner financial institutions should double. If this happens, 65% of private investors and 80% of the urban population of Russia will be able to use the system.

According to forecasts of partner bank VTB 24, the turnover from the use of Samsung Pay will exceed 1 billion rubles in 2017. In turn, Bank Russian Standard claims that the share of contactless payments in Russia in 2016 is 2.1%, while in 2015 this figure was only 1.2%, and in 2014 - 0.5%.

Samsung Pay: 100 million transactions in its first year of operation

A year after the launch, Samsung Pay may "report" 100 million unique transactions in seven countries, the first place among which is occupied by the home market of the electronic giant - South Korea. According to company representatives, during the global battle with Apple and Google for the mobile payment market, it achieved significant results: the volume of transactions in South Korea alone reached the level of 2 trillion won (about $1.8 billion), of which about 25% are ^[8]

At the same time, in the country, the number of cards connected to the service with additional services is about 11 million, including membership, ATM and transport cards, which, according to the company, indicates a "clear change in consumer behavior."

In addition to the United States and South Korea, the service, supported by 440 issuing banks, is available in Singapore, China, Spain, Australia and Brazil. Soon it will enter other markets, including the UK and Canada markets.

System launch in China, Spain, Singapore, Australia, Puerto Rico and Brazil

In 2016, the system was implemented by China, Spain, Singapore, Australia, Puerto Rico and Brazil. Samsung Pay is expected to be introduced in the UK, Malaysia, Canada, Hong Kong, Thailand and Turkey in the near future. The main competitor of the service is the similar Apple Pay system, which is expected to be launched in Russia in the fall of 2016.

To pay with Samsung Pay, users only need to touch smartphone the Samsung Galaxy screen to select a card and log in with a fingerprint to make a purchase. Samsung Pay has three-level protection that ensures the security of payment transactions: fingerprint authorization (required for each purchase), tokenization and. Samsung KNOX During the transaction, instead of the card number, a special digital value is used - a token generated randomly by the payment system at the time the card is activated in the application. Samsung KNOX is a built-in security system that protects your smartphone from malicious attack attempts and continuously monitors possible vulnerabilities in your smartphone. It provides reliable storage on a smartphone of bank card data in encrypted form in a secure container inside Samsung KNOX, separate from. operating system

Samsung Pay is supported on Samsung Galaxy devices such as the new Galaxy Note7, Galaxy S7 and S7 edge, Galaxy S6 edge +, Galaxy Note5, as well as models of the mid-price segment of the Galaxy A5 (2016 )/A7 (2016) lines.

2015: Samsung Pay launches in South Korea and the United States

Samsung first launched Samsung Pay on August 20, 2015 in South Korea. On September 28, 2015, the service began operating in the United States.

Samsung Pay ─ a mobile payment system that expands the ability to make NFC and MST payments available in most outlets. Gemalto and Samsung are partnering with payment issuers to implement Samsung Pay in Europe.

Gemalto's Allynis TSH platform ─ a versatile solution that allows payment issuers to accelerate mobile payment services, integrate, simplify user registration, install the service, continuously manage identity data, and support tokenization technology. The implementation system is greatly simplified, does not require large investments in IT infrastructure, and also provides convenience and stability of use in various implementations of security models. One of the advantages of the Samsung Pay payment system in Galaxy smartphones is a special built-in security element for storing important data that allows you to establish the authenticity of your identity, and the Allynis TSH service guarantees payment technology providers maximum flexibility.

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