, Source: TASS Apple Pay and Samsung Pay: what is known about the systems and how they work

1 hour ago, Source: TASS
The fact that it is for the system and how to use them to avoid becoming a victim of fraud - in Tass material.

October 4, Sberbank jointly with MasterCard launched Apple Pay payment system that allows you to make purchases without using a credit card. Earlier, on September 29 of the same service in Russia Samsung has announced. That kind of system than they are comfortable, as well as how to use them to avoid becoming a victim of fraud - in Tass material.

What is Apple Pay and Samsung Pay and how does it work?

Apple Pay - mobile payment system that allows you to pay for purchases by Near Field Communications technology (the NFC, proximal contactless communications) in conjunction with the Wallet program (universal repository of credit and debit cards) and Touch ID (fingerprint scanner, developed by Apple).

• The system works by digitizing existing bank card user (via iTunes or photographing the map).
• You can make payments with cards, not using the magnetic stripe, and a wireless connection to your Apple device.
• Confirmation of payment is made using Touch ID on phones, or by double-clicking on the Apple Watch, selection of cards for payment - Wallet application.
• Samsung Pay except NFS system uses Magnetic Secure Transmission (MST, magnetic secure transmission).
• MST Technology simulates the magnetic field of a credit card and payment terminal recognizes the payment as if you had a map, and not put the phone.

What is the difference Apple Pay and Samsung Pay?

• If the terminal is not equipped with NFC module, the payment by Apple Pay system will be impossible, whereas Samsung Pay does not require the presence of NFC receiving devices.
• Given that Russia is not all terminals are equipped with NFS, the Samsung is a clear advantage over Apple.

How does the protection from fraud?

• When you activate the card for Samsung Pay smartphone actual card number is replaced by a special digital code - the token generated randomly. Data on the binding of the real numbers to the token is only at the bank and the payment system, which should provide security. Personal information is not used at the time of payment and remains safe.
• Apple Pay uses an individual device number and a unique transaction code. The card number is not stored on the device or server and is not sent to sellers when you pay. At the same time Apple Pay does not store information about transactions that might identify the cardholder.Recent purchases are stored in Wallet - the data will not be sent.

Where can I make purchases?

• Retail partners of Apple Pay supermarkets in Russia will "attack", "Auchan", "Alphabet of Taste", "Magnet", BP's gas stations, coffee shops of Starbucks, "Eldorado" stores "M. Video », re: Store, MediaMarkt, CUM.
• Also you can pay for purchases in all shops, furnished NFC terminals.
• Samsung Pay is accepted for payment in almost any terminal, where credit cards are accepted.

What devices work Apple Pay and Samsung Pay?

• Apple devices: the iPhone 6/6 Plus is, 6S / 6S Plus is, 7/7 Plus is, SE, Apple Watch. And through the iPad and Mac Apple Pay can make purchases through the Internet. On phones not equipped with the NFC, such as the iPhone 5, 5C, 5S, Apple Pay can be used with the help of Apple Watch, but without confirmation Touch ID sensor. Apple Watch monitors the location on the user's hand, and when equipped want to enter the PIN-code from Apple Pay.
• Samsung devices: the Galaxy the S7, the S7 edge of the, the A5 the Galaxy (2016) / A7 (2016), Galaxy Note 5, Galaxy S6 edge +.

Maps which Russian banks can use Samsung Pay and Apple Pay?

• Samsung Pay works with the "Alfa-Bank" VTB 24, "MTS-Bank", "Raiffeisen Bank", the bank "Russian Standard".
• Apple Pay is only works with Sberbank, but in the future partners can also become "Raiffeisenbank", "Tinkoff Bank", "BIN", "Discovery", VTB 24 and "Yandex. Money".

What payment systems are supported?

• Samsung Pay supports MasterCard, Visa cards support the implementation is expected later.
• Apple Pay supports MasterCard.

Where there is in the world?

• In October 2016 Apple Pay is maintained in the US, UK, Canada, Australia, Hong Kong, China, Japan, France, Singapore, Switzerland, and Russia.
• Samsung Pay works in South Korea, the US, Russia, as well as in many European countries.