Mobile payment options may soon become a hotly contested domain for several different companies. Though it has somewhat stagnated since its initial success, Apple Pay is currently being used by 14% of households with eligible credit cards. As of September, 79% of its users said that they had completely replaced contactless plastic credit and debit cards with their iPhone and Apple Watch.
Now it seems that Samsung is ready to fully commit to mobile payment options too, and it is giving consumers plenty of incentive to try out their service. The company has started offering free e-gift cards to customers who sign up for Samsung Pay.
Free e-gift card
You won't be able to use Samsung Pay wherever you want, but the device works in much the same way that Apple Pay does. By utilizing Near Field Communications (NFC), consumers can link their credit card to their phones and use it for shopping purposes directly from their device.
“It makes transactions super easy. Just swipe up to launch the app, secure with your fingerprint, and hover over the card reader to pay,” boasts Samsung.
Consumers who activate the mobile payment system between November 20 and December 31 will be able to register to claim a $50 Best Buy e-gift card from the company – but they will need a Samsung phone to do this. Eligible phones include the Samsung Galaxy S6, S6 Edge, S6 Edge+, and Note 5. Participating carriers include Verizon, AT&T, Sprint, T-Mobile, and U.S. Cellular.
Samsung Pay has been fairly successful in South Korea, with more than one million users signed up throughout the country. Making the transition to the U.S. market has been difficult though, which is why they are now offering the gift card. Samsung Pay is available on Google Play for free for all compatible devices.