Difference between NFC and MST-samsung pay
Near Field Communication (NFC) It allows two devices placed within a few inches of each other to exchange information by tapping one device to other. If merchants want to use NFC for communication they have to upgrade their current Magnetic Secure Transmission (MST) It sends a magnetic signal from a compatible device to the payment terminal’s card reader. MST payments do not require the merchant to upgrade the payment terminal, making Samsung Pay available for use at nearly all payment terminals with a card reader. Some payment terminals may require…
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