samsung pay

Samsung Pay is a mobile payment and digital wallet service by Samsung that lets users make payments using compatible phones and other Samsung-produced devices. It works with a variety of contactless payment terminals, including NFC, magnetic stripe, and chip-based systems. For check-out devices which use Magnetic Secure Transmission, a device equipped for Samsung Pay simulates the signal produced by a card using that technology, making it so Samsung Pay can work “virtualy anywhere you can swipe your card.”

The service was launched in South Korea on August 20th, 2015 and in the United States on September 28th of the same year. In the 2016 International Consumer Electronics Show (CES 2016), the telecommunications company announced that Samsung Pay will be available in Australia, Brazil, Spain and Singapore

Apple CEO Tim Cook Wants to Kill Cash with Apple Pay Because ‘Consumers Don’t Like It’
October 18th, 2016

Tim Cook has revealed many future plans for Asia, intention to capitalize on artificial intelligence and desire to create a cashless society during a recent interview.

Why LG Postpones the Launch of Its LG Pay System to 2017
September 30th, 2016

Reportedly, LG has encountered certain problems while testing its mobile payment service LG Pay and had to cancel the scheduled launch.

Xiaomi Launches Mobile Payment Service Mi Pay
September 2nd, 2016

Mi Pay is launched in collaboration with China UnionPay.

After European Debut, Samsung Pay Will Launch In Australia Next Week
June 7th, 2016

Samsung Pay follows its main rivals Apple Pay and Android Pay to leverage the Australian market.

Apple Pay Tries to Expand Payments Globally
June 2nd, 2016

Making attempts to expand payments globally, Apple Pay has run into technical challenges, low consumer take-up and resistance from banks.

Mobile Payments to Continue Showing Strong Adoption Rate
April 13th, 2016

With millions of users all over the world, the mobile payments technology is expected to significantly change and improve the way we pay for products and services.

Japan to Introduce Fingerprint-Based Payments Instead of Cash and Credit Cards
April 11th, 2016

Japanese authorities are going to start the experiment with fingerprint payment terminals this summer.

Android Pay is Coming to the UK in the ‘Next Few Months’
March 23rd, 2016

Google is extending boundaries for its Android Pay that will be soon supported by the largest banks in the UK.

Verizon Wireless Confirms Samsung Pay Available on Galaxy S7 Devices
March 17th, 2016

Verizon dispels prior information and publishes official data that Galaxy S7 and S7 Edge will support Samsung Pay.

Samsung Giving Qi Wireless Charging Pads to Samsung Pay Users, Adding Wells Fargo Support
March 4th, 2016

South Korean electronics company has taken further steps to promote its payments app, including a deal with one of the US biggest banks and a special offering for new customers.

Google Launches New Mobile App for Hands Free Payments
March 3rd, 2016

The search engine company has piloted a new voice-activated app that is expected to make purchases more convenient and quick.

Apple and Google Face Samsung as Strong Competitor on Mobile Payments Market
March 2nd, 2016

However, the number of retailers and consumers using mobile wallets as a convenient payment option remains relatively small.

MasterCard’s ‘Fare Free Mondays’ Promo is Back for Apple Pay Users in London
February 26th, 2016

The giant credit cards company has relaunched its service that will let people, using London’s public transport, get a discount for their trips.