IoT-Gadgets-Logo-272-90

Samsung Pay - Mobile Payment System Launching in September 2015

Samsung Pay, the companies mobile payment solution, will be released in September this year following the launch of Samsung's next flagship device at IFA
By
Ash
 - 
Jun 4, 2015

 
Samsung Electronics have announced it will launch a mobile payment platform in South Korea and the United States around September. The new mobile payment system called Samsung Pay will be could possibly be the Note 5 at IFA 2015 in September.

Industry watchers said Samsung Pay stands out from other competitors as the service supports virtually all forms of payment -- near field communication (NFC), magnetic secure transmission (MST) and barcode technologies -- which reaches far more registers than that of its rivals.

Samsung also will look at expanding its sales into China, Europe, Australia and Latin America, Rhee In-jong, vice president of Samsung's mobile segment, said at an investors forum. Samsung Pay was first announced in alongside the Galaxy S6 and S6 Edge smartphones at Mobile World Congress 2015.

 

IoT-Gadgets-Logo-272-90

About us

IoT Gadgets is dedicated to bring you all the Internet of Things IoT news that pertains to gadgets. Simple. We love for you to join us on this journey.

Contact us: [email protected]

FOLLOW US

crossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram