Samsung Pay will arrive in the U.S. on Sept. 28.
The mobile payment solution will arrive first in Korea on Aug. 20 before landing stateside. The U.K., Spain, and China will also get it in the "near future," Samsung said today at its Unpacked event in New York City.
Samsung Pay was announced at MWC earlier this year, and was supposed to arrive on the Galaxy S6 and Galaxy S6 Edge . By June, however, Bloomberg reported that it had been delayed and would instead arrive with the next Galaxy Note device.
Samsung confirmed that today, announcing Samsung Pay launch details alongside its new Galaxy Note 5 and Galaxy S6 Edge+ smartphones. When it does arrive, Samsung Pay will add tap-to-pay functionality that's instantly compatible with thousands of payment systems worldwide using a combination of NFC and magnetic stripe transmission (MST).
PCMag's Sascha Segan got a Samsung Pay demo during his hands on with the new smartphones. "You swipe up from the lock screen to reveal your card, verify yourself using the fingerprint scanner, and tap the phone to the card reader," he wrote. "It worked perfectly in the demo, of course, but that was a demo."
As Segan pointed out, Samsung Pay is more powerful than Apple Pay because it lets you use your Visa, MasterCard, or American Express at any retailer that accepts magnetic swipe cards. But it's less powerful in that it doesn't absorb loyalty cards like Apple's Passbook.
Apple Pay, meanwhile, is expanding to more retailers, including Rite Aid, which initially spurned Cupertino's payment service in favor of a rival option, dubbed CurrentC.
Also at Unpacked, meanwhile, Samsung said it will reveal its Samsung Gear S2 smartwatch at the IFA trade show next month. PCMag will be in Berlin, so stay tuned for more details.