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Galaxy S6's 'special function' could be Samsung's first mobile payment system

Posted: , by Daniel P.

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Galaxy S6's 'special function' could be Samsung's first mobile payment system
We heard back in December that Samsung is working to implement a mobile payment system of its own for obvious reasons, namely the existence of Apple Pay. At its latest quarterly report Apple said that about two thirds of all mobile transactions are now being executed with its own payment system that got introduced together with the iPhone 6 and 6 Plus handsets last year.

Samsung apparently doesn't want to be left behind, and the Galaxy S6, as well as its S6 Edge sidekick with the curved display, will be the first phones to implement the company's own take on mobile payments. Previously it was rumored that the system will be based on the Burlington, Mass. LoopPay technology, and the latest report in the Korean media confirms that, and ties the launch with the unveiling of the Galaxy S6.

The new mobile payment system doesn't require NFC to be built into phones, but mimics a credit card swipe instead, so it could be accepted at much more merchants than Apple Pay worldwide, currently to the tune of 10 million. Insiders mention it will be available through different providers in different regions, which makes sense, if it will be indeed similar to LoopPay's tech, which you can see detailed in the video below. 

Samsung does plan on offering extra security authentication via the fingerprint scanner embedded in the home button. This might explain why with the Galaxy S6 the company is reportedly switching from the current swipe scanner to a touch-based sensor, similar to what Apple, Huawei or Meizu utilize in their handsets. Remember that "special function" that Samsung's chief of investor relations mentioned last week to be in the upcoming flagship? Well, a universal payment system does sound like something special to us, but we will see for sure what Samsung meant on March 1st, when the handset is about to be unveiled.

source: DDaily.co.kr (translated)

  • Options

posted on 03 Feb 2015, 05:55 5

1. FlyingDutch (banned) (Posts: 97; Member since: 30 Jan 2015)

One simple question: Would Sammy try this if it wasn't Apple launching ApplePay?

We all know the answer: same soon

posted on 03 Feb 2015, 06:05 27

3. saffant (Posts: 274; Member since: 04 Jul 2011)

One simple question: Would Apple try making a 5.5" phone if it wasn't for Samsung launching and succeeding with the Note line?

We all know the answer: Guilty unconscious, the unoriginal, Apple.

posted on 03 Feb 2015, 06:20 9

5. rd_nest (Posts: 1656; Member since: 06 Jun 2010)

Forget him, he's on a troll campaign.

Never argue with an idiot. They will only bring you down to their level and beat you with experience.

posted on 03 Feb 2015, 12:46

21. Cicero (Posts: 924; Member since: 22 Jan 2014)

Right. He is an BuzzzzingDutch.

posted on 03 Feb 2015, 08:13 1

12. uggman (Posts: 57; Member since: 01 Feb 2013)

you forgot "rotten" right before apple.

posted on 03 Feb 2015, 10:23

17. hondaslzman (Posts: 78; Member since: 29 Dec 2014)

Why not? dont meant s**t, called it evolve and improve, just like cars and TV, air plane, German has the first jet, it won't stop other countries build one, will it?

posted on 03 Feb 2015, 13:29 3

22. engineer-1701d (unregistered)

I don't know if anyone else knows this but Samsung has had a mobile payment system for about 3 years called Samsung wallet that came out same time as google wallet I used it a little when it first came out but but didn't like the look of the app it was based on the Isis style payment app they have partners like amex, continental and some other big names. But looppay is old news the great thing is it works with all credit card machines not NFC type but it's also a big waste of time if they just cleaned up the old Samsung wallet app

posted on 03 Feb 2015, 15:04

24. TechieXP1969 (Posts: 14501; Member since: 25 Sep 2013)

Would Aple have had a 1080 p display if no one else had it? Would APple have a fingerprint reaer if no one else had it? Would Apple have the Mac of a GUI if someone else didn't have it? Would Apple have a tablet if no one else had it? Would Apple have a smartphone if no one else had one? Would Apple have an Ipod if no one else had a portable music player?

Would Apple have apple Pay if Google didn't have Wallet? Hmmm!
Just showing you how ignorant and stupid you people sound.

Everyone follows market trends. Why is it a problem for Samsung too? After all Google had Wallet first, didn't they?

posted on 10 Feb 2015, 21:58

29. hoekone (Posts: 9; Member since: 22 Sep 2013)

Seems Apple pay was in response to Google Wallet and Samsung Wallet which have been around way before Apple pay. Many of us predicted this as it happens everytime, Apple copies somethikng and now they are the first to do it, it happens so often now its easy to call and Apple fans continue to embaress themselves thinking that its true.

posted on 03 Feb 2015, 05:59 2

2. sipha (Posts: 439; Member since: 12 May 2012)

Wasting resources!!!!

posted on 03 Feb 2015, 06:19 2

4. Kruze (Posts: 1285; Member since: 30 Dec 2014)

One word: Gimmick.

posted on 03 Feb 2015, 06:21 1

6. Jamoga (Posts: 187; Member since: 17 Dec 2014)

why did they bother, rather should use it to develop UI . and more so , better phones!

posted on 03 Feb 2015, 06:29

7. der_damo (Posts: 202; Member since: 16 Sep 2014)

wow, that Loop-thing is uncool.

posted on 03 Feb 2015, 06:40 4

8. Neros (Posts: 1016; Member since: 19 Dec 2014)

Absolutely amazing. Do want :). Can't wait for the s6, it's going to be a kick-ass phone.

Meantime, jealous hater be jellyin'.

posted on 03 Feb 2015, 07:07

9. GeorgeDao123 (Posts: 431; Member since: 20 Aug 2013)

I am a fan of Sammy and I don't think it is a good idea. If they still want to do it, it had better be available in Korea only.

posted on 03 Feb 2015, 07:36

10. wando77 (Posts: 1076; Member since: 23 Aug 2012)

I like this

posted on 03 Feb 2015, 07:39 1

11. Ninetysix (Posts: 2671; Member since: 08 Oct 2012)

It'll use the fingerprint scanner for verification :)

posted on 03 Feb 2015, 09:09

13. SonyFindOneDroidple (Posts: 854; Member since: 11 May 2013)

It doesn't require any emphasis on their promotion, mobile payment service is just meh , not that worthy to be called "special function"

posted on 03 Feb 2015, 09:20

14. nctx77 (Posts: 2401; Member since: 03 Sep 2013)

Come on Daniel, when talking about Touch based scanners, you only need to mention Apple. You tech journalist try so hard not to make it look like they are not copying Apple. This company is a straight rip off and their mobile sales will continue to crumble. Samsung pay and Touch ID? Please!

posted on 03 Feb 2015, 10:28 1

19. hondaslzman (Posts: 78; Member since: 29 Dec 2014)

Apple did not invent touch ID, they bought it, like everything else. Apple buy them, patent them and sue others

posted on 10 Feb 2015, 22:04

30. hoekone (Posts: 9; Member since: 22 Sep 2013)

You do realise that Samsung wallet and Google wallet have been around much longer then Apple pay and is the reason why Apple pay even exists, Apple had to copy. If anything this article is false and is making out Samsung IS copying Apple when in reality they have had payment systems way before Apple ever did but isnt mentioned in this article for some reason. It quite deceiving. IMO Apple are the copycats these days, everything they do isnt original and has been done before, bigger screen, Apple pay, NFC, pull down notifications, the list goes on and on. They were the first to do 64bit though.

posted on 03 Feb 2015, 09:35

15. androiphone20 (Posts: 1654; Member since: 10 Jul 2013)

oh wow, this is actually great. I hope they do not bet on making it the main selling point for the S6, cuz uh that'll take a while to materialize with the marketing that goes into this.

It feels like just another nerdy approach to a solution cry out "Hey, we can do this too and a little more than that," then it'll eventually die off and the hype goes away (we won't forget all those who'll keep defending it even when it fails to catch on

posted on 03 Feb 2015, 09:51

16. HTCOE (Posts: 635; Member since: 20 Nov 2011)

not suprised...but it's no longer about innovation for apple...it's all about convenience. so whatever samsung does will not take away from what apple users need on iOS. and it's too challenging for the mass to convert to understand Touchwiz over iOS. ApplePay will still reign supreme as far as mobile payments go whatever any smartphone manufacturer implements

posted on 03 Feb 2015, 10:27

18. nctx77 (Posts: 2401; Member since: 03 Sep 2013)

It's kind of one of those things where payment systems won't make you buy one phone over the other unless one works way better than the other. Honestly this is Samsung playing catchup to Apple Pay to try and take away one reason to pic the iPhone over the S6. It's not just Apple though. Sammy is having a hard time moving out in front of other Android devices at the moment. They lost their steam and it's hard to get it back. Unless they come out with a month of battery life or something crazy, they will continue to loose market share and their phones will just be keeping up with the competition and not leading it.

posted on 03 Feb 2015, 16:07

26. Man_Utd (Posts: 28; Member since: 03 Feb 2015)

Hold on Sparky. I do recall Samsung making the Nexus S way back in 2010. It was one of the first phones to sport NFC and come with Google wallet. So no, Apple Pay is playing catch up.

posted on 03 Feb 2015, 11:48

20. GeekMovement (unregistered)

If Samsung is going to implement similar technology, hopefully we won't need the bulky cases like the one for loop pay.

posted on 03 Feb 2015, 15:07

25. TechieXP1969 (Posts: 14501; Member since: 25 Sep 2013)

The cases are for people whodont have the magnetic strip built in, which is every phone out right now.

What is great here is it is using the existing technology where APple Pay is stuff with NFC. This opens a bigger door because it is compatible with nearly all merchant card readers while Apple Pay is nt. Apple Pay requires a system hardware upgrade to support. Loop Pay doesn't.

Learn the difference.

posted on 03 Feb 2015, 16:39

27. GeekMovement (unregistered)

lol, when I said "similar technology", I meant that of the one from loop pay, not Apple pay (not sure why you thought I was talking about apple). I agree that I like this method of using existing technology to pay rather than using NFC. I read the article and watched the video, so I know the difference, but thanks for pointing it out anyway. (-:

posted on 03 Feb 2015, 15:01

23. TechieXP1969 (Posts: 14501; Member since: 25 Sep 2013)

Wow. This is going to knock Apple Pay on its @$$. A phone with a magnetic strip, works exactly like a credit car, requires no software or in most cases hardware updates.

I can add ALL my banks cards, unlike Apple which doesn't. This will be a nice extra for the S6. The should have did this with the S5.

posted on 10 Feb 2015, 21:52

28. hoekone (Posts: 9; Member since: 22 Sep 2013)

Why is this article making out Apple pay was before Samsung? Samsung has had Samsung Wallet and Google wallet for many years now but this article makes out Samsung is behind. Apple pay played catch up and now its made out like its the first to do it? smh

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