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Good bye Samsung Wallet, say hello to Samsung Pay

Samsung has announced the death of its Samsung Wallet and the same will be killed on June 30th, with the release of Samsung Pay. Samsung Pay, is set to be born from the ashes of Samsung Wallet, allows even non-NFC terminals to obtain payments via mobile.samsung-wallet

The Samsung Wallet website loads with a shutdown notice, informs the incoming users regarding the shutting down news. The main focus of Samsung is to kill Samsung Wallet to introduce Samsung Pay and the company moves towards it ambition too. Samsung Pay is more secure and superior while comparing to other payments such as Apple Pay and Google Wallet.

The main objective of the Samsung Pay is to reduce the times of taking out your wallet and it is enough to pull out the mobile rather than taking your wallet out. Since Google is cooking something new version of payment method from Google Wallet to Android Pay and the same will be announced in Google I/O later this May.

Samsung Wallet launched in 2013, and the same act as a digital locker for credit and debit cards. Samsung Pay ditches Samsung Wallet by arriving itself, and the news regarding the same was pushed to the users via email. Currently, the Wallet store is displaying the same warning messages to all, regarding the imminent shutdown.

Samsung has planned to shut the services by June 30, 2105 and individual accounts remain same. But, the API will stop working and the company asks all vendors to remove signs regarding the Samsung Wallets to avoid further confusions.

Samsung’s termination notice reads:

Dear Samsung Wallet partner,

First of all, we want to thank you for being a part of Samsung Wallet for the last two years. Since our announcement at MWC and our launch in 2013 we have tried to make Samsung Wallet a successful service that would help users throughout their daily lives  and help our partners  reach their customers in new ways.

Unfortunately, the usage rate of Samsung Wallet was not  what anyone expected. One of our  company’s core values is to guarantee  the best user experience.  We feel today that we can no longer guarantee  this experience. This is why we have officially  decided to discontinue Samsung Wallet on June 30, 2015 in all counties. We greatly appreciate all your support and  enabling Samsung users to enjoy your content and service through Samsung Wallet.

l  Samsung Wallet will be discontinued as of June 30, 2015. At the same time, all features of Samsung Wallet will stop functioning.

l  Samsung Wallet partner portal (https://partner.wallet.samsung.com) will no longer be available

  • Your company’s information will be handled in accordance with our Privacy Policy.
  • Your Samsung Account will remain with no changes.

l  Samsung Wallet Open API will no longer be available

  • As of June 30, 2015, Samsung Wallet Open API will be out of service.
  • We highly recommend that you remove all buttons related to Samsung Wallet off of your App/Web properties (Load/Open/View  Samsung Wallet Buttons) so that users do not  get confused by clicking buttons after Samsung Wallet service termination.
  • We highly recommend that you discard the API, documents, and any other data related to Samsung Wallet API after Samsung Wallet service termination.

The schedule  for Samsung Wallet service termination is subject to change. We will keep you informed in such cases.

This  project was very insightful for us and will help us create better services in the future. We sincerely appreciate all your support once again.

Our Customer Support team (https://help.content.samsung.com/csseller) will be available to answer any questions or concerns you may have.

Best regards,

Samsung Wallet team

[ Source ]

About John W Arthur

John is the head of our IT Security team and he writes about Security, IT news on The Next Digit. He was the Employee of the Year 2013 for his selfless support and efficiently setting up the whole security infrastructure. He also occasionally writes on "IT Sec Pro" Print Media of Sweden. All posts by John

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