The Samsung Galaxy SmartTag 2 appears to feature an IoT chipset from Atomsic. It has a very small motherboard, as revealed in teardown video. - SamMobile
Techmeme: Samsung confirms Galaxy S21 series and future devices will not support MST for Samsung Pay, which enabled it to be used with legacy magnetic strip terminals (Ryne Hager/Android Police)
Apparently Galaxy SmartTags weren't available in Australia, but they will be soon
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Galaxy SmartTag 2 is official with new features and major redesign - SamMobile
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What to expect from Samsung's August foldable Unpacked event