The cash payment method is not the most popular anymore. Nowadays, users all around the world prefer Google Waller, Samsung Pay and other digital payment platforms for everyday purchases. Both digital wallets are NFC compatible, allowing the user to pay with only getting the phone near the payment device.
Both Google Wallet and Samsung Pay are similar. The platforms are backed up by two of the most important technology companies in the world, Samsung and Google. In this article you can learn which are the main features and disadvantages of both and choose the one you want the most.
Google Wallet and Samsung Pay, what are they?
Google Wallet is a digital wallet app launched in 2011. It fused with Android Pay on 2018 creating Google Pay and from 2022 onwards it’s known as Google Wallet. Every Android user can download Google Wallet from the Google Play Store and the feature to pay with credit cards stored on the app, is called Google Pay.
On the other hand, Samsung Pay arrived on market in 2016. In 2022 the name changed to Samsung Wallet in certain countries. It’s a platform that combines features from Samsung Pass and Samsung Pay in order to offer a digital payment platform with great compatibility. The app is available from download directly on the Google PlayStore and you can use it in almost every Samsung Galaxy device.
Main differences between Google Wallet and Samsung Pay
Although both apps are available for Android devices, there are certain differences to take into account, For example, Google Wallet runs on every Android device, but Samsung Pay is blocked to run only on Samsung devices. Neither of them can run on iOS devices because the App Store from Apple doesn’t have them.
Both payment apps have NFC compatibility, and you can easily pay for your services and goods by touching the screen. But there’s an interesting difference in terms of discounts and rewards. Google Wallet tends to have more interesting perks. However, Samsung rewards allows to accumulate points to use them on future purchases.
Finally, the online payment methods for both apps are similar but not the same. Both use NFC technology but Samsung Pay uses a new technology called MST that it’s more secure according to the user community. Although there are certain advantages in security, Google Wallet is still the most popular digital payment platform. Most of all because there’s no restriction for mobile phones or tablets brands when using the app.