Skip to main content [aditude-amp id="stickyleaderboard" targeting='{"env":"staging","page_type":"article","post_id":1792586,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,commerce,mobile,","session":"B"}']

Samsung starts testing its Apple Pay competitor in the U.S.

Image Credit: Samsung

Samsung Pay is now being beta-tested in the U.S. The new digital payment method will be available to select owners of Galaxy devices including the S6, S6 Edge, S6 Edge+, and the Note 5.

Samsung Pay allows users to upload credit card information to their phone and use it as a way to pay at credit card-accepting retailers. Samsung claims that users can pay with their phone at 90 percent of retail locations in the U.S.

[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1792586,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,commerce,mobile,","session":"B"}']

The new payment feature is an attempt to compete with Apple, Google, and other tech companies that have recently launched phone-based payment systems. It’s worth noting that unlike Apple Pay, which allows users to make purchases in stores and within native mobile apps, Samsung Pay is only for making purchases at physical retailers.

For now, the beta is selectively open to device owners with credit and debit cards from US Bank and Bank of America, according to the blog Droid Life.

AI Weekly

The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.

Included with VentureBeat Insider and VentureBeat VIP memberships.

Samsung is expected to formally launch the new payment feature on September 28, 2015. For more on Samsung Pay, check out our past coverage.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More