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Bank "Otkrytie" introduced the service Samsung Pay for card holders "World" - EastRussia | Far East

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Bank "Otkrytie" introduced the service Samsung Pay for card holders "Mir"

Bank "Otkrytie" introduced the service Samsung Pay for card holders "Mir"
Bank "Otkrytie" launched a payment service Samsung Pay for card holders "Mir", the press service of the credit institution reported.

“NSPK (National Payment Card System, World Card Operator) is actively developing an acquiring network with support for contactless Mira, but thanks to Samsung MST (Magnetic Secure Transmission) technology, you can now pay for your purchases almost anywhere in Samsung. We are pleased to be one of the first banks that have implemented this technology. To date, we have released over 300 thousands of Mir cards, and we expect that the launch of Samsung Pay will significantly increase the use of the card by our clients, ”says the commentary of Dmitry Lepekhin, head of the bank’s development department for debit products.

The bank informs that Samsung Pay is accepted everywhere, where it is possible to pay for the purchase with the card "Mir". The main advantage of the service lies in the fact that in addition to NFC (Near Field Communication) technology, it supports its own Samsung MST technology, which gives a combination not only with payment devices for contactless technology, but also with most payment terminals, where bank cards are accepted only on the contact chip and a magnetic strip. Samsung Pay is available for a wide range of Samsung mobile devices and provides high security payments. Instead of the card number, a special digital code is used - a token. Each purchase requires fingerprint authentication or PIN-code. The special built-in security system of the Samsung KNOX device protects Samsung Pay data regardless of the operating system.

Earlier this year, this functionality became available to the holders of the Visa and MasterCard cards of the Otkrytie Bank.