Saturday, 19 September 2015

Samsung Pay Moving beyond the credit card


The battle of the mobile payment system has been kicked up a notch as Samsung Pay gets rolled out for the first time. Samsung CEO, JK Shin, has said that users should be able to use their mobiles to pay for goods at nearly every merchant location where you can swipe a credit or debit card. This is because it uses the same technology that most cards do The major development for Samsung Pay is that it also supports store cards and membership cards, so you needn't carry a load of cards around with you as anything that can be swiped should work when loaded onto the phone. This is the first time a payment system will support anything other than the standard credit and debit cards. So Samsung have scored a major coup here in the great battle between it, Android Pay and Apple Pay

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