A short video published by MasterCard shows Samsung’s new Samsung Pay mobile payment service in action, demonstrating how a user chooses a payment card, authenticates and then holds their phone next to a standard payment terminal to conduct a transaction... More
Google’s recent acquisition of Softcard’s NFC payments business may hit Samsung Pay’s prospects for widespread US adoption hard, says a respected payments consultant... More
Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals, MasterCard’s Matt Barr has told NFC World... More
Owners of Samsung’s new Galaxy S6 flagship phone will be able to make mobile payments at merchants equipped with both legacy magnetic stripe card terminals and those with contactless POS terminals, Samsung boss JK Shin has revealed... More
Google is in a new round of discussions with mobile network operators to get its Google Wallet payments service widely distributed on mobile devices, the Wall Street Journal reports, with incentives on offer believed to include paying carriers to feature Google Wallet prominently on their Android phones and, potentially, a share of advertising revenues... More
Samsung Electronics has announced it is to buy LoopPay, the startup that has developed a way for mobile payments to be made at standard magnetic stripe card terminals... More
Samsung is to require companies that manufacture accessories for the forthcoming Galaxy S6 mobile phone to include NFC-enabled authentication chips in their products, according to DDaily... More
Samsung Pay, “a payment feature which works with magnetic and NFC terminals” will ship with the Korean phone maker’s forthcoming Galaxy S6 mobile phone, BGR reports, citing a “trusted source”... More
Samsung will launch a mobile money transfer service in Korea at the end of this year in partnership with mobile payment service provider Yelopay and six banks, Korea Bizwire reports... More
Samsung has unveiled its own mobile wallet app at Mobile World Congress 2013... More
Phone maker Samsung has filed a trademark application with the US Patent and Trademark Office for “Samsung Wallet”, a word mark relating to “computer software for mobile phones, smart phones and tablet PCs,” PocketNow reports... More