The age of smart payment systems is here. Surely, you have already heard about Google Pay and Samsung Pay.
In this article, we will help you decide which of the two services is perfect for you by doing a Google Pay vs. Samsung Pay comparison. After all, both are available for Android and offer essentially the same services.
The Google Pay vs. Samsung Pay comparison is going to be very straightforward. Because let’s be honest, both services serve the ultimate purpose of allowing you to pay easily using your smartphones.
We’ve already discussed Android Pay vs. Apple Pay in a previous article, so let’s focus on the main differences between these Android payment systems.
What Are These “Pays”?
In layman’s term, these are basically apps that you can download and install on your smartphone. It requires you to enter your credit card or bank information and then uses it to do over-the-counter payments. However, not all stores have the option of utilizing these.
What makes these smart payments smart? Google Pay and Samsung Pay allow you to go completely cashless, or carry very little cash. All you need to do is take your smartphone out to make payments. The methods may vary between the two, but the basic concept remains the same across both services.
Google Pay launched around 3 years ago and was previously called Android Pay. There was already a version of payments implemented by Google called Google Wallet, and Android Pay was its natural evolution. However, it also remained in service until Google decided to merge them. Google Pay was announced in January of this year and is available across several different regions.
Samsung Pay was initially launched in South Korea in August 2015. It eventually came to the USA a few weeks later and then saw a release in Australia in June 2016. It was launched in the UK on May 16, 2017. There are a lot of different regions that don’t support Samsung Pay at all, so it is a very limited service as of now.
How Do They Work?
Google Pay uses NFC technology to interact with point-of-sale machines that support NFC technology. You’ll have to download the app and register your credit card information. To use it, all you need to do is tap your smartphone on the machine and the payment is done.
This is where Samsung differs a bit. Sure, it can also use NFC technology built in your smartphone to do payments. But, even if the point-of-sale machine does not support NFC technology, you’ll be able to do payments thanks to MST technology that’s built into the latest Samsung smartphones. MST or magnetic secure transmission interacts directly with the machine and allows you to do payments.
Point to Point Comparison
You might find yourself asking, “Which is better? Google Pay or Samsung Pay?”
Comparing Google Pay and Samsung Pay is inevitable especially because they basically offer similar service. The chart below will give you an overview of each method’s performance based on specific criteria.
|POINT OF COMPARISON||GOOGLE PAY||SAMSUNG PAY|
|Convenience||Very convenient||Very convenient|
|Ease of Use||Contactless Payments Over NFC||Credit Card Accepted Terminals|
|Availability||Supported in 71 Countries||Supported in 25 Countries|
|Payment Technology||NFC Technology||Magnetic field (Credit Cards)|
|Compatibility||Android NFC Compatible||Exclusive to Samsung Phones|
|Longevity||NFC Technology – World Wide Standard||Samsung Phone Only Restriction|
Google Pay VS Samsung Pay
Let’s discuss the last three points on the table:
Samsung Pay creates a magnetic field similar to your credit card but can outdo the swiping motion we usually do with our credit cards.
With Samsung Pay, you can skip the swiping method. All you need to do is take your smartphone near to the point-of-sale machine and that’s about it.
There is an MST antenna built into latest Samsung smartphones that can trick the magnetic strip card readers into believing that you are swiping a card. It can do that by creating a magnetic field for a very short amount of duration. This feature is only available in Australia and USA.
This means that Samsung Pay has a very distinct advantage over Google Pay in USA and Australia. However, if you are in the UK, there is no advantage of using Samsung Pay because there are already contactless terminals installed there.
When it comes to compatibility, Samsung is at a big drawback. Google Pay works with almost any Android smartphone that has NFC built-in. Meanwhile, Samsung Pay is restricted to Samsung devices only. This payment method depends on the popularity of their smartphones, which is significant of course, but it is nowhere near the reach of Android itself.
There are many Android smartphones that come with NFC technology. Many other manufacturers are coping up with Samsung in terms of sales; Chinese companies like Huawei, Oppo, and Xiaomi are selling millions of smartphones each year. And almost all the smartphones they release come with NFC technology.
This means that Google Pay wins when it comes to compatibility.
While the MST technology on Samsung smartphones is remarkable, NFC is becoming rapidly the universal norm. It is already very popular in the UK and other European countries. So, the relevance of MST will dwindle over time as the world adapts NFC technology more and more.
In a few years, it is projected that almost every point-of-sale machine will come with NFC technology to make payments easier. Yes, Samsung can also make payments via NFC technology but so can Google Pay, and it is available on more devices overall.
The comparison between Google Pay and Samsung Pay becomes a lot easier when we lay down all the cards on the table.
- If you have a Samsung device and your country hasn’t caught up on NFC technology yet, Samsung Pay is the obvious choice.
- If you have any Android device that has NFC enabled and your country has a lot of point-of-sale machines that support NFC, then Google Pay is the best choice.
Hopefully, this simple Google Pay vs. Samsung Pay comparison will help you choose the best payment method for yourself.
Both are completely free to use. Plus, you can keep them both on your Samsung smartphones. Of course, Google Pay is your only option for non-Samsung smartphones.
What are your personal thoughts on these payment methods? Which one of the services appeals to you the most? Do tell us in the comment section.