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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Ecommerce»Samsung in a new promo offers $20 gift card for first Samsung Pay purchase

    Samsung in a new promo offers $20 gift card for first Samsung Pay purchase

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    By Tony Niameh on May 23, 2016 Ecommerce, Mobile, Mobile Money, News, Products, Samsung, smartphones

    Samsung is offering a free $20 gift card to those who make their first Samsung Pay purchase within two weeks from now till precisely June 6. According to the source link, this summer perk is open only to legal residents of the 50 United States and the District of Columbia who are at least 18 years old and make their first Qualifying Purchase on a Samsung Galaxy S6, S6 Edge, S6 Edge+, S6 Active, S7, S7 Edge or Note 5.  In order to participate, you must have a qualifying credit card or debit card that is compatible with Samsung Pay and that is eligible for this offer ; a voice and/or data plan that is compatible with Samsung Pay for your Qualifying Device; and a valid Samsung Account ID; and you must have upgraded the Samsung Pay app to version 1.7 or higher and must not previously have made a purchase using Samsung Pay. Not all credit cards or debit cards are compatible with Samsung Pay and not all compatible credit/debit cards are eligible for this Offer.

    Those not eligible for this offer includes Samsung Pay Purchases with private label (PLCC) cards and Bank of America Visa Debit Cards added to Samsung Pay before March 31, 2016. 

    You can choose from the following five Samsung Pay merchants: Toys R’US, Nike, California Pizza Kitchen, Banana Republic, and Regal Entertainment to use the gift card. 

    For those who don’t know about the mobile payment service, Samsung Pay is a mobile payment and digital wallet service by Samsung that lets users make payments using compatible phones and other Samsung-produced devices. Samsung Pay is different from other payment systems, where Samsung Pay can accept not only NFC payments but other payment terminals like the usual chip or swipe terminals using a technology called Magnetic Secure Transmission, thus allowing users to pay almost anywhere.

    Samsung Pay is similar to Apple Pay where for security, it digitises, uses a device-specific number and creates a random string of numbers that are unique to the transaction, thus it uses tokenization.

    The service was launched in South Korea on August 20, 2015 and in the United States on September 28 of the same year. In 2016 at the International Consumer Electronics Show (CES 2016), the telecommunications company announced that Samsung Pay will be coming soon to a variety of banks in Australia, Brazil, Spain and Singapore.

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    Tony Niameh
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    Technology freak and social media specialist. An entrepreneur with experience in banking and wristwatch merchandising

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