Samsung partners with American Express and Korea’s KB Kookmin to develop trackable payment cards

Samsung, KB Kookmin and American Express IOT credit card with BLE location verification

Samsung has signed a memorandum of understanding with South Korea-based KB Kookmin Card and American Express to develop an Internet of Things (IoT) credit card that will enable cardholders to connect their card to a Galaxy smartphone and verify its location using Samsung’s Bluetooth Low Energy-enabled SmartThings Find platform... More




What's New in Payments

Samsung lets Canadian merchants accept contactless payments on Galaxy smartphones

Samsung Pay Touch app turns your Galaxy smartphone into a PoS terminal — SamMobile — “Samsung has quietly launched the Samsung Pay Touch app to target small businesses in Canada. The app transforms compatible Galaxy smartphones into POS (point of sale) terminals that can accept contactless payments from customers… The biggest advantage of Samsung Pay Touch is that it doesn’t require any additional hardware to set up. As long as you have a compatible Galaxy smartphone, you can download the app and complete the registration to start using it right away.”


Samsung to include a cryptocurrency key store in the Galaxy S10?

Samsung Blockchain KeyStore confirmed by Galaxy S10 leaked images — SamMobile — “The images show the Samsung Blockchain Keystore app running on the Galaxy S10. The splash page mentions that this app is a ‘secure and convenient place for your cryptocurrency’… There’s also going to be a relevant menu item for Blockchain KeyStore in the Settings app under the Biometrics and Security section. It mentions that the service lets users secure and manage their blockchain private key.”



What's New in Payments

Samsung and LG to launch low-end smartphones that support their mobile payment services

Samsung Electronics and LG Electronics to introduce their new low-end smartphones at CES 2018 — ETNews — “Samsung Electronics and LG Electronics are going to introduce their new low-end smartphones at CES 2018… Galaxy A8 series are installed with Samsung Pay and fingerprint recognition…. K series are installed with a mobile payment system called LG Pay that is applied to premium smartphones such as G and V series. This is the first time when LG Electronics’ low-end lineup is applied with LG Pay.”












NFC World

Carta adds HCE to mobile payments platform

Carta Worldwide logo

Transaction technology provider Carta Worldwide has added support for host card emulation (HCE) to its mobile payments platform — and is currently “supporting market trials in Europe and North America” that are expected to lead to large scale HCE deployments in late 2014... More