Samsung to launch its Pay service in US


South Korean Electronics giant Samsung is planning to roll out its mobile payment service in the United States in 2016. With the launch of the mobile payment service more online users will be able to shop and more smartphones will support the electronic wallet.
Thomas Ko, the global co-general manager of Samsung Pay said, the low priced Samsung Phones is likely to start offering the mobile wallet. The service by Samsung started off in South Korea on just a few of high-end smartphones that include the Galaxy Note 5, Galaxy S6 Edge, S6 Edge Plus and Galaxy S6.
However, Ko has not specified, which other countries, Samsung will be expanding its services. On the other hand Samsung Pay is already scoring well in front of its rivals Apple Pay and Android by launching the U.S. service on September 28, 2015. The technology is now widely used in most of the stores. Mobile Wallets have found less popularity in the U.S. The trend also saw a slow growth in Europe and Asia.
Samsung Pay is already popular as it is compatible with the new and older credit card terminals and do not require any special arrangements. Apple had launched its Pay service in September 2014 and required the retailers to install new equipment that supported near-field communication (NFC) compatible with its service.

Photo Credits: digitaltrends