‘Samsung Pay’ became ‘Samsung Wallet’. When mobile ID was installed in the 'Samsung Pay' app, the name was changed to 'Samsung Wallet' to unify the same name around the world. Samsung Pay has been offering a variety of features to replace physical wallets since 2022, and has finally been given a name to match.
Using Samsung Wallet, you can not only make mobile payments and use ATMs, which were previously possible with Samsung Pay, but you can also issue legally valid ID cards or electronic certificates. You can add a mobile driver's license and mobile National Veterans Registration Card, which have the same effect as a physical ID. The experience of having to painstakingly take a photo of your physical ID with a camera in the app will also be improved. You can easily verify your age with a QR code at an offline store or verify your identity when using a banking app. It can also be used to verify voter identification during elections.
In addition, you can also use tickets, memberships, coupons, digital keys, and blockchain that are frequently used in real life. As there is a lot of sensitive information, it is said to be safely authenticated using mobile ID blockchain technology and stored in the secure space of the Galaxy processor chipset.
The name Samsung Wallet was already used overseas, but the name Samsung Pay was used only in Korea. Samsung Pay is a service that is so strongly engraved in our memories that many people say it is the reason they use Galaxy. Because it is well-known and influential, it seems to have taken time to change it to a name more appropriate for its function.
However, Samsung Pay is not disappearing, so I can't immediately imagine what negative impact it would have if the app name was changed to Samsung Wallet. Anyway, the service that was causing some cognitive dissonance now has a proper name.
