retailers already have magnetic strip readers, more will automatically be able to accept Samsung Pay (the company says that 30 million merchant locations globally already have the potential to work with Samsung Pay). ![]() However, Samsung's phones will work with NFC technology but also standard magnetic credit card readers, thanks to its recent acquisition of LoopPay. Samsung Pay will also only work with the company's latest phone, the S6. Over 200,000 retailers support Apple Pay, but not every retailers' sales system supports NFC. It often indicates a user profile.Īpple Pay only works on the company's latest iPhones in retailers with near-field communication (NFC) technology. Account icon An icon in the shape of a person's head and shoulders.
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