Hello there. Just recently, I purchased a referbished Samsung Galaxy S21 Ultra from Amazon which I will be daily driving soon (as soon as it arrives in my hands), and I was thinking of using Samsung Wallet to make credit card transactions easier. That said, I wanted to ask about the security of Samsung Wallet.
Just how secure is Samsung Wallet? I am aware from research the security layers that exist on Samsung Pay itself, but my question regards the wallet itself. Due to their open nature, Android phones are at risk of getting hacked more easily because they can download stuff from the internet. That said, if the phone were to be hacked, could a hacker steal the information off of my Samsung Wallet?
For some context here, no, my phone has never been hacked (I don't download APKs), but I have downloaded MP3s, MP4s, images, and documents from the internet, so if a hidden virus was in one of those, I could potentially fall victim to it. Because of that reason, I always avoid having any sensitive information on any of my devices.
So, back to the main question, just how secure is Samsung Wallet? In case of a virus are my credit cards at risk, or is the app secured in a way where the all my information is exclusively available via the app only? I am aware that every app is vulnerable if a virus digs deep enough, so how does Samsung Wallet compare to competitors? Lastly, how likely do you think it would be for my information to be stolen?
If you know the answer to any of these questions, feel free to answer. I thank you for your time and information, it is truly appreciated.
Is Samsung Pay+ free???
I've used Samsung Pay for months with both credit and debit cards. Never charged a fee. I read somewhere Samsung offer this service for free in order to sell devices.
More on reddit.comIs Samsung Pay Cash free to use and Fee-Free?
Yes. You get rewards for using it. Some places that say they dont accept pay-by-phone have been surprised that Samsung Pay works on their machines.
More on reddit.comJust how safe is Samsung Wallet?
Samsung wallet is one of the best wallet to have.
How secure is Samsung Wallet?
How to open Samsung Wallet?
• Swipe up on your phone’s home screen to open the App drawer. Navigate to and tap on the Samsung Wallet app icon.
• If you have the Quick Access shortcut enabled, you can just swipe up from the bottom of your phone’s screen to open Samsung Wallet, even when your phone screen is off or locked. You are in complete control of how to launch the Quick access shortcut. Open Samsung Wallet, and then open the All tab. Tap Settings (icon on the top right), then tap Quick access, and then tap Quick access and default card. Tap your desired switch to turn it on or off.
Is Samsung Wallet different than Samsung Pay?
Videos
Title pretty much covers it. I have been looking online to see if there is a charge for it but there aren't any straight answers. Most I can see is something about credit card fees......I am not looking to link a credit card to it....just me and the wife want to connect both of debit cards to each others as we use both debts cards to pay for different things.
Just checking it's not ANOTHER monthly subscription.
Cheers peeps
I don't know if I posted the question before or if anyone did it, but that's one doubt I've had before applying.
Yes. You get rewards for using it. Some places that say they dont accept pay-by-phone have been surprised that Samsung Pay works on their machines.
It's free to use except they charge fees for certain types of reloads. Debit card reloads are accessed a flat .25cent fee while reloads from a credit card are accessed 3% of the reload amount. 3% foreign transaction fee. No overdraft protection available. No fees to send money domestically person to person. They provide a routing and account number for ACH debits and deposits. All ACH transfers are free. No charge for purchases or POS cash back wherever Mastercard, Cirrus, or Pulse acceptance Marks are shown( may be subject to additional conditions and fees set by accepting merchant).