On September 12, Apple launched the iPhone 8, 8 Plus, the eagerly awaited iPhone X along with Apple Watch Series 3 and Apple TV 4K. Apple also announced that the global rollout of iOS 11, which was announced at the WWDC 2017, will start seeding to compatible iPhones and iPads on September 19. One of the most popular features available on iOS devices is Apple Pay, which is not yet available in India. However, sources close to iGyaan tell us that Apple has begun testing Apple Pay in India and will be introduced in the country by the end of 2017. Sources tell us that Apple is in talks with several merchants like Starbucks and Croma stores, and banks like HDFC Bank, Standard Chartered, [...]
Samsung Pay, the mobile payment service from Samsung, has been launched in India, and it supports Paytm Wallet too.
The Samsung Pay service will be available for select Samsung Galaxy Android smartphones – Galaxy S7, Galaxy S7 Edge, Galaxy S6 Edge+, Galaxy Note 5, Galaxy A7(2016) and A5(2016). Samsung smartphone customers, who had signed up for the Early Access Program can now use their Samsung Pay accounts to make payments. Users can add their debit/credit cards to the Samsung Pay account, which will allow them to make payments almost everywhere.
Samsung Pay is available with the support of patented technologies: Magnetic Secure Transmission (MST) and Near Field [...]
There have been a couple of smartphone manufacturers in the news today regarding mobile payment services. Earlier today we reported that LG is working a mobile payment platform, and now Samsung is looking to introduce Samsung Pay in some other countries as well.
Samsung Pay uses NFC technology and Magnetic Secure Transmissions (MST). Since MST technology is used by every retailer that swipes a credit card, Samsung Pay can be used at more retailers than Apple Pay and Android Pay.
So far, Samsung Pay has been launched in Korea and the U.S. In Korea, Samsung Pay has seen $30 million in transactions, which is reason enough for the company to expand. Rumour has it [...]
Mobile payment seems to be the next big thing getting users excited in the tech world. It refers to transactions, under specific financial regulations to ensure safety, using a mobile device. The latest company to be in news related to this tech development is Samsung, creating headlines with Samsung Pay.
The newest service of the company has been launched in its home country of South Korea less than a month ago, and the company claims it has already witnessed transactions amounting to $30 million. This amount is spread across 1.5 million transactions. They were made by people who were active throughout the course of [...]
Smartphones have become an even essential part of our lives. With the addition of payment systems, smartphones will soon take over the role of your wallet. While Samsung and Apple have already introduced their payment systems, other manufacturers are joining in. Microsoft, the makers of Windows Phone devices, have also announced that they will be unveiling their payment system soon.
Microsoft had showcased a tap to pay feature on its devices at a conference for Windows hardware makers in China. It was said then that this feature would not require support from the network operators. Just like Samsung and Apple Pay, this [...]
Samsung finally launched its long awaited and much hyped Galaxy S6 in two variants. The Korean electronics giant has faced a lot of criticism in the past for their lackluster devices and boring user interface. So when the time came to answer the criticism, Samsung went back to the drawing board and introduced two new designs for its flagship.
Let’s look at the upgrades in these new Samsung flagship and how it can take on its competition.The Edge Samsung Needed
Samsung has been getting heat for its design for a while, but this new metallic [...]
Samsung has announced its own version of Apple Pay, titled Samsung Pay at MWC 2015. With S-Pay customers can make secure mobile transactions. Samsung has collaborated with Visa and Mastercard and is planning to further expand the eco-system with the likes of American Express, Bank of America, Citi, JP Morgan and US Bank.Samsung offers this capability by deploying a technology called Magnetic Secure Transmission (MST). Consumers can use Samsung Pay in merchant locations regardless of whether the terminals support NFC or traditional magstripe, which is the vast majority of existing terminals.
The system essentially [...]
Samsung wants its next flagship Galaxy S6 to overtake all existing records and attain the top spot among the users. The South Korean firm is taking every possible measure to ensure this and according to a Korean media report, the company is geared to launch a new payment system, Samsung Pay, with the Galaxy S6.
The Korean Times stated –
Samsung Electronics’ new smartphone Galaxy S6, set to make its debut at the Mobile World Congress (MWC) in Barcelona in Spain next month, will look a lot like Apple’s iPhone 6, sources said Monday