SamsungPay later this month – Banker

Later this month, the Korean giant technological
 starts in his homeland announced the Samsung Pay service. Direct
 competition for Apple in the field of mobile payments is to appear too
 soon in the United States.

 

At yesterday’s press conference, Samsung chaebol unveiled
 two new phones to compete with Apple’s iPhone. In addition to the new hardware.
 given to information the details of the payment system startup
 mobile NFC, over which Samsung has worked for several months. The system is
 imitate contactless card payment and one that has a magnetic stripe. Ma
 This significantly improve the scope usefulness of such a solution and competitiveness
 systems on the market.

 
 

The first service will be launched in Korea
 South Aug. 20 – Samsung announced yesterday on its
 conference. In the United States, it is slated for release over a month later – on 28 September.
 Next in order is the United Kingdom, Spain and China – reported service
 Finextra.

 

Samsung Pay will compete with the current Apple already on the market
 Pay Pay and Android. It will be available on the announced Samsung Galaxy phones
 Note 5 and Galaxy S6 edge +. Previous models of Galaxy S6 will receive an update
 allowing use of the service.
 

There is a chance that thanks to the Samsung Poles
 faster experience this type of service. Korean chaebol has much more customers
 in Poland than Apple, which can make it more likely to introduce such a solution
 Vistula.

 

/ mg