Samsung to launch fingerprint-based mobile payment system in South Korea by the end of the month

Samsung SDS, an IT services subsidiary of Samsung Group, announced yesterday that it is planning to launch a simple fingerprint-based mobile payment system by the end of the month. Although the system will initially launch in South Korea, the company has also announced plans for a global roll-out. At the moment, it's unclear if this mobile payment system will be a part of the Samsung Pay initiative, or if we're talking about an independent service.