However, after the launch of Galaxy S21 series a few days ago, it has been reported that the MST support will not be part of Samsung Pay on these new flagship devices in the United States. We have since confirmed with Samsung Malaysia that this will be indeed the case for our market as well. Specifically, the MST support will not be made available under Samsung Pay anymore on Galaxy flagships in Malaysia from 2021 onwards starting with the Galaxy S21 series. That being said though, the support will not be removed from existing devices. In general, we do not foresee this as a problem for most Samsung Pay users in Malaysia though as Bank Negara Malaysia has made Chip and Pin compulsory since 2017 which has generally made magnetic-based payment cards rather obsolete. The move to EMV chips has also accelerated the adoption of NFC terminals in Malaysia which is now a common sight everywhere, even for paid toilets. (Image: Samsung Malaysia.)

Samsung Pay No Longer Emulate Magnetic Cards In Malaysia  Starting with Galaxy S21 Series - 3