Today at their Unpacked event, Samsung has unveiled there mobile payment solution Samsung Pay, which will be available on the Galaxy Note 5 and Galaxy S6 Edge+. Samsung Pay will offer NFC payments just like Apple Pay, the real different feature is its ability to mimic traditional magnetic card swipes. That means it should be compatible with the majority of stores with standard credit card readers. A beta test for Samsung Pay will kick off in the US this month. Samsung Pay goes into full affect on September 28.
UPDATE 9/28/16 - To celebrate the 1 year anniversary of Samsung Pay, Samsung has added coupons to the mobile payment service.
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