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    Samsung

    News stories featuring Samsung:

    Android Pay to make UK debut in March?

    February 29th, 2016

    Android Pay will launch in the UK in March, according to The Telegraph. “Google will announce that Android Pay will be available in Britain from the end of next month,” the publication reports. Apple Pay has been live in the UK since July 2015 while Samsung Pay is expected to make its UK debut later this year.

    Nearly 1bn to use NFC payments by 2019

    February 25th, 2016

    A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More

    Connected car can find parking, reserve it and pay with a fingerprint

    February 24th, 2016

    Car manufacturer Seat, Samsung Electronics and software giant SAP have created a technological alliance to develop connected car projects that could enable drivers to reserve car parking spaces and pay with a fingerprint using Samsung Pay. The companies are showing their ideas at Mobile World Congress this week. More

    Visa expands Visa Ready Program to wider range of connected devices

    February 22nd, 2016

    Visa is expanding its Visa Ready certification program to include Internet of Things (IoT) companies such as manufacturers of wearables, automobiles, appliances and clothing so that secure payments can be added to a wider range of connected devices, the payment network has announced at Mobile World Congress.  More

    Samsung Pay hits 5m users and is set for global expansion in 2016

    February 21st, 2016

    Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More

    Samsung Pay to launch in Russia?

    February 16th, 2016

    Samsung Pay may soon be on its way to Russia, SamMobile reports. “It appears that Russia’s largest mobile carrier has already prepared promotional material for the Galaxy S7; the image leaked online shows a poster with the very familiar looking Galaxy S7 as well as a clear indication that Samsung Pay will be supported,” the publication says. “Samsung Pay might very well be launched in Russia alongside the new flagship in the coming weeks.”

    Korean banks back Samsung Pay

    February 16th, 2016

    Korean banks are lining up to support Samsung Pay, including Shinhan Bank, KB Kookmin Bank, NH Nonghyup Bank and Industrial Bank of Korea, Korea Joongang Daily reports. “Currently, Samsung Pay only works with Woori Bank, but the exclusive contract between the two will expire next month, and now, more institutions are seeking to link up with Samsung Pay,” the publication says. 80,000 credit and debit cards were registered on Samsung Pay in Korea within a week of its launch.

    Samsung Pay to make UK and Spain debut “very soon”

    February 11th, 2016

    Samsung Pay will launch in the UK and Spain “very soon”, the head of Samsung Pay Europe has announced during the phone-maker’s European Forum 2016 event in Monaco. “More details at Mobile World Congress in a few weeks’ time,” Pocket-lint reports the company’s Nathalie Oestmann as saying.

    Mobeam update brings loyalty to POS scanners

    February 11th, 2016

    Mobeam has updated its mobile coupon and offer app Beep’nGo to let customers use retail loyalty cards, gift cards and barcode coupons on their smartphone at checkout scanners for the first time. “Mobeam currently operates with more than 330m Samsung Android phones and the company is in talks with other manufacturers to expand the technology,” Mobeam says of its infrared light based barcode system. The app currently has more than 10m installs.

    Samsung looks into vein authentication

    February 5th, 2016

    A patent filed by Samsung describes how a sensor on a smartwatch or other wearable device could authenticate identity by reading the user’s vein structure. “A wearable device may capture an image of a portion or all of the user’s body and may identify the user wearing the wearable device based on the captured image,” the patent says. “For example, a smartwatch may be worn on the user’s wrist to capture an image of the user’s veins in order to identify a user.”

    APCA explores security code for digital wallets in Australia

    February 5th, 2016

    Members of the Australian Payments Clearing Association (APCA) are currently exploring the possibility of implementing a voluntary code of practice to regulate digital wallets in the country. The association’s 100 members were due to respond… More

    Global mobile payment market to hit $620bn in 2016

    February 4th, 2016

    Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019. More

    CaixaBank will not support MST transactions when it launches Samsung Pay in Spain

    January 25th, 2016

    Spain’s CaixaBank has revealed that it will not include support for Samsung Pay’s Magnetic Secure Transmission (MST) technology when the bank launches support for the mobile payment service in the coming months. “It is mainly because… More

    Samsung Pay to let South Koreans pay in China and US

    January 22nd, 2016

    Samsung Pay users in South Korea will soon be able to make payments in China and the US using cards issued by South Korean card companies. “Samsung is going to finish linking foreign payment system with KB Card, Samsung Card, Lotte Card and Hana Card and start Samsung Pay service at foreign merchants at the end of this month,” ET News reports. “These four card companies have negotiated with Visa, MasterCard, UnionPay, JBC and others for Samsung Pay’s foreign payment.”

    Samsung Pay to go live in Spain with CaixaBank

    January 22nd, 2016

    Customers of Spain’s CaixaBank will be the first in the country to be able to use Samsung Pay, following a partnership between the bank and Samsung that will see the mobile payment service added as an option to CaixaBank’s host card emulation (HCE) based mobile payment app. More

    Samsung unveils Smart Swing golf wear with NFC

    January 13th, 2016

    Samsung’s fashion division has developed a t-shirt designed for golfers that comes equipped with an NFC chip in its sleeve. When tapped with an NFC device, the chip launches a mobile app that provides the golfer with information about the course they’re playing on. More

    Samsung Pay to become market leader in Asia?

    January 7th, 2016

    Samsung Pay will become the mobile payments market leader in Asia, with a 49% share of the market in 2016, a Korean investment firm predicts. “Hyundai Securities is estimating that 200m Samsung smartphones will have Samsung Pay next year,” Etnews reports. “As Samsung joins hands with UnionPay, it is expected that Samsung Pay’s influence will expand starting from China.” Samsung announced its partnership with China UnionPay in December 2015.

    Samsung Pay heads to Australia, Brazil and Singapore

    January 6th, 2016

    Samsung is to launch its Samsung Pay mobile payment service in Australia, Brazil and Singapore, the company’s Tim Baxter has announced during a keynote at the CES show in Las Vegas. The service will also be available on the Samsung Gear S2 classic smartwatch from early this year, starting in the US. More

    MasterCard and Samsung enable grocery payments at the fridge

    January 5th, 2016

    US consumers will soon be able to place grocery orders with online grocer FreshDirect and supermarket chain ShopRite by entering the items they wish to purchase into a touchscreen built into Samsung’s new Family Hub refrigerator. More

    Samsung Pay to add online payments

    January 4th, 2016

    Samsung is to expand Samsung Pay to both online payments and down-range smartphones in the US this year, according to Reuters. “Lower-priced Samsung phones will likely start offering the mobile wallet within the next year,” Samsung’s Thomas Ko told the news agency. “Online payment support is coming soon.” The company’s plans to add the service to mid- and low-end handsets emerged in November 2015.

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