I just received my new Watch 8 Classic and tried to open Samsung Pay. When prompted to open Pay on my phone it says "Can't open Samsung Pay -  Your watch may not be supported." I can only send an error report or close the app.

I have redownloaded Samsung Pay from the Play store and reset and re-paired my watch to my phone. What am I missing?

I am using a Pixel 8 with the latest software
Watch 8 Classic with latest software
Galaxy Wearable App is up to date
Watch 8 plug-in is up to date
Samsung Pay is up to date