Samsung Pay is supposed to launch in U.S soon and began trials in South Korea earlier this month. Samsung that recently had a drop in its profits by 8%, said in a press release.
though it didn’t announce the day its consumers are to start seeing it in stores.
Check also: Samsung Is Getting Sued Once Again For Being A Copycat
The two partners Samsung & MasterCard, who have been working together to take Samsung Pay to consumers and merchants around the world, announced on Friday that they will extend their partnership to launch the mobile payment system in Europe.
Smart phones with Samsung Pay will use MasterCard Digital Enablement service (MDES), the same system used by iPhone6 and Apple Watch. This is to enable contact less payments through NFC.
I think paypal will have to keep improving its services and expanding in more countries, otherwise samsung is also another huge company.
Check also;
- Samsung unveiled its thinnest smartphone
- The release of Samsung Galaxy S6, date and Launch news
- HTC 10 Is The World’s Most Powerful Smartphone
- Xiaomi has joined with Foxconn to begun Making Smartphones In India
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