"And as for Samsung Pay, why the hell would I want to use magnetic payment? No thanks... Even most shops in the US now accept either contactless or chip..."
In the US - Home Depot, Lowes, and most gas stations are still swipe unfortunately along with many others. Lots of shops with chip readers still not enabled even when they have them. In this current interim period - Samsung Pay is a nice way to secure the card from a skimmer since what's transmitted to the magstripe reader isn't usable a second time..