Samsung Pay is a new method to make purchases over the latest line of Samsung smartphone devices. The goal is to implement mst technology mainly in every purchase. However, Samsung Pay could use nfc technology as well. Samsung implements a “new” sophisticated alphanumeric algorithm called tokenization. Partner with card providers like Visa, Mastercard and others, Samsung embraced the VTS framework(Visa Token Service) to push its ambitious project. If you are a Samsung Pay user, you do not even think about the new markets goals that this company is planning. Such as online purchases or customizable memberships.
Samsung made a step forward in the electronic market. As result, its purchase process is very interesting. So every time when people add a card at their Samsung Pay, the system generates a new “virtual random” CC implementing the framework which assigns a token to each card. This process is based in another package: Spayfw. That token is saved in a Token Vault somewhere relating the original PAN information. So in each transaction instead of using the original CC’s data, the system sends a tokenized number: a new card number with some “parameters” in the tracks. The main idea behind this is that if someone is able to get a token, he/she will not be able to reuse or extract the original CC’s information.
