Thales certifies Samsung Pay on Galaxy S8 and S8+

Accreditation qualifies Samsung devices to offer secure mobile payments from all major credit cards such as Mastercard and Visa

Tags: Mobile paymentsSamsung Electronics CompanyThalesUnited Arab Emirates
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Thales certifies Samsung Pay on Galaxy S8 and S8+ The Samsung Pay app lets users save their bank and credit card details on their smartphones and make NFC-based and MST-based payments at point of sale.
By  David Ndichu Published  August 24, 2017

The Samsung Pay app on Galaxy S8 and S8+ smartphones has passed a key security evaluation.

The evaluations undertaken by Thales allows the app to be certified on the newly launched Samsung devices, enabling secure mobile payments from all major credit cards such as Mastercard and Visa.

Thales operates a laboratory in Toulouse France accredited by both Visa and Mastercard, as well as other payment networks, to conduct security evaluations on HCE-based banking applications.

Thales has long partnered with Samsung to deliver cryptographic security at critical points of the manufacturing process for mobile phones and other smart devices.

The Samsung Pay HCE enabled banking app lets users save their bank and credit card details on their smartphones. Users can then use the NFC-based and MST-based contactless system to make payments at the point of sale. This payment method is currently being rolled out worldwide for Samsung users and is supported by more than a thousand banks and credit unions worldwide.

Thales contributes to the protection of 80% of worldwide payment transactions and ensures data security for 19 of the 20 largest banks in the world, the company says.

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