Apple/ScreenshotFew consumers are taking advantage of Apple's mobile payment service, Apple Pay, according to a recent series of surveys from Trustev (via NFC World). The same is true for Apple Pay's rivals, including Alphabet's Android Pay and Samsung's Samsung Pay.
Google product czar Sundar Pichai officially confirmed reports that the company is working on a mobile payments API (application program interface) called Android Pay at Mobile World Congress on Monday.
Samsung announced on Thursday that its mobile payment platform called Samsung Pay will come to the US on September 28. And from the looks of it, it could have an advantage over Apple Pay for one simple reason.
The Mobile World Congress 2015 brought various new products that will likely shape the future. Samsung Elect Ltd for one unveiled its much hyped Galaxy S6 and Galaxy Edge to the world, and also took the wraps off its new payments system, Samsung Pay.
Mobile payments have been one field as of late where most major smartphone players are rushing to get to the top. Recently acquired LoopPay by Samsung Elect Ltd (F)(OTCMKTS:SSNLF) has helped the South Korean electronics maker enter the payments game.
NEW YORK: Samsung unveiled two new smartphones Thursday to ramp up its efforts to win over consumers seeking large-screen handsets, and announced launch dates for its mobile payment service. The moves are aimed at keeping the South Korean giant atop the global smartphone market and countering US rival Apple, which has made gains with its large-screen iPhone 6 and 6-Plus and its tap-to-pay feature. At a New York media event, Samsung unveiled its Galaxy S6 edge+, the latest update for its flagship device, and Galaxy Note5, its main device in the "phablet" market.
The ongoing patent case between Samsung Electronics Ltd. (SSNLF) and Apple Inc. (AAPL) seems to have come to an end, with the eight-person jury announcing that Samsung has infringed on two of Apple’s four patents in question.
Samsung just unveiled its new mobile payments system, Samsung Pay, which will work with both the Galaxy S6 and Galaxy S6 edge. Both phones will ship with the technology built-in, but the platform isn't actually launching until this summer.
Samsung made one of its smartest acquisitions ever Wednesday by buying the mobile payments startup LoopPay. LoopPay is still in its early days, but its technology gives it the potential to be bigger than Apple Pay once it's implemented in a major device made by Samsung. It's pretty simple: