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It's second behind Brazil to get the mobile payments system which will be available for cards from three issuers and several banks.
Customer service representatives aren't always the best place to source your information, but there's a little reason to be confident here.
Samsung Pay has a firm grip of Magnetic Secure Transmission technology with its patents, so LG may have to figure out something clever if the above is true.
Samsung's latest smartwatch features two impactful designs, a heavy dose of Samsung Pay, GPS and other sensors, and an unknown release path.
Never tempt a hacker. Samsung explains how hard it would be to skim Samsung Pay tokens for fraudsters to use for illicit purchases.
While we mention the spread of Samsung Pay to different devices, Samsung or not, we have to have the territory to use the service in. So far, Samsung has reached deals with banking, retail and cellular network partners in South Korea and the US. We’ve been promised a further push into other countries like the UK, Spain and China during Samsung’s August event.
Well, look at that: SamMobile is reporting that we’ll see those three countries receive Samsung Pay in Q1 of next year.
Same device rules are in play — the Galaxy S6, Galaxy S6 edge, Galaxy S6 edge+ [...]
Samsung Pay is doing well for itself across Korea. New figures show that a million subscribers in South Korea have made over ₩100B in transactions, 75 percent of which were made with Magnetic Secure Technology. But Samsung’s Injong Rhee wasn’t just interested in giving out digits. Instead, he was focused on expanding the chaebol’s technology reach on multiple fronts in an extensive interview.
Rhee says that Samsung Pay — with its MST — is mainly up against not other mobile payment systems, but with plastic.
More and more, all the plastic cards — [...]
If you’re behind a compelling feature at a company like Samsung, you should probably bring it to as many possible applications as you can. The Samsung Pay mobile payment system, featuring magnetic secure transmission technology, has started on its way to traction. But with availability limited currently to the Galaxy Note 5, Galaxy S6 edge+, Galaxy S6 and S6 edge, it’s an amenity for those who can afford to pay for it in the first place.
Maybe not so, says JK Shin, Director of Mobile Products. He responded to a question on whether or not Samsung Pay will be available [...]