Samsung’s new products all offer NFC functionality, while some also include ultra-wideband (UWB) capabilities and proprietary MST magnetic stripe emulation technology
According to specifications posted by Samsung, the two new foldable phones Z Flip 4 and Z Fold 4 both offer NFC “and/or” MST technologies. Besides, Galaxy Z Fold 4 is also equipped with UWB hardware.
The company’s own magnetic secure transmission technology can emulate a magnetic stripe card when the device is presented to a swipe terminal. Although Samsung dropped MST from devices on sale in the US in January 2021 in favour of NFC for contactless payments, the company continued to include the tech in selected markets including South Africa, India and the UK. The policy of varied specifications continues. Thus, Samsung warns that “payment solutions and available features may vary depending on country, carrier and service providers”.
The two new smartwatches both feature NFC.?
All the new device models were announced at Samsung’s Galaxy Unpacked event on 10 August and will be available at retailers from 26 August.
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Nina Bobro
Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.