Samsung Pay might arrive on non-Samsung devices later on, high-ranking executive reveals

Samsung Pay might arrive on non-Samsung devices later on, high-ranking executive reveals
Samsung Pay, the South Korean company's answer to Apple Pay and Android Pay, was officially launched in the States in late September and has since allowed the users of compatible Samsung devices to easily make mobile payment with their devices. The mobile system makes use of both NFC (Near-Field Communication) and MST (Magnetic Secure Transaction), which makes it a bit more feature-rich than both Android Pay and Apple Pay. 

So far, so good, but the service is only available on a couple of top-end Samsung devices as of now. Fortunately, there's a light in the tunnel for all those non-Samsung users that are hoping to jump on the Samsung Pay train: a recent rumor has it that the payments service might eventually become available on other manufacturers' smartphone offerings. 

This tidbit comes straight from the VP of Samsung's mobile division, Injong Rhee, making this rumor as credible as it can get. It's safe to assume that this has been discussed at the very top of Samsung. 


Additionally, the executive revealed that the whole idea behind Samsung Pay was not to replace your wallet, but co-exist alongside it.


As usual, there is no ETA for a more open Samsung Pay. We also shouldn't rule out the possibility that Samsung might change its mind in the coming months and keep its mobile payments system exclusive for its own high-end Galaxies.

source: ZDNET via SamMobile

FEATURED VIDEO

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.
FCC OKs Cingular's purchase of AT&T Wireless