It's second behind Brazil to get the mobile payments system which will be available for cards from three issuers and several banks.
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Could LG Pay have MST? It could appear on G6
LG has yet to introduce its proprietary mobile payments system. It was supposed to include a Coin-like virtually interchangeable credit card and the chaebol was looking for banks to partner with.Now we’re hearing word from The Electronic Times in Korea that the company has abandoned the so-called “White Card” and snagged a little ace from
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Samsung Gear S3 announcement brings Classic and Frontier designs, more technology
Update: This story has been updated with information from the launch event.With all due respect to other companies’ wearables to be showcased at IFA Berlin this year, the only real smartwatch of Note (heh) that’s garnered enough buzz to be watched is
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Samsung Pay tokens explained in wake of Def Con exploit
Shortly after security researcher Salvador Mendoza revealed that Samsung Pay authentication tokens could be intercepted and used by fraudsters to make purchases on their victims’ dime, Samsung has responded with a blog post and several FAQ answers.First of all, the company addressed the three things that get sent to vendors for each Samsung Pay transaction.The token contains unique, ...
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UK, Spain, China get Samsung Pay early next year
While we mention the spread of Samsung Pay to different devices, Samsung or not, we have to have the territory to use the service in. So far, Samsung has reached deals with banking, retail and cellular network partners in South Korea and the US. We’ve been promised a further push into other countries like the UK, Spain and China during Samsung’s August event.Well, look at that: SamMobile is reporting that ...
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Is Samsung Pay on a non-Samsung phone a pipe dream?
Samsung Pay is doing well for itself across Korea. New figures show that a million subscribers in South Korea have made over ₩100B in transactions, 75 percent of which were made with Magnetic Secure Technology. But Samsung’s Injong Rhee wasn’t just interested in giving out digits. Instead, he was focused on expanding the chaebol’s technology reach on multiple fronts in an extensive interview.Rhee says ...
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Samsung Pay may go to budget phones, too
If you’re behind a compelling feature at a company like Samsung, you should probably bring it to as many possible applications as you can. The Samsung Pay mobile payment system, featuring magnetic secure transmission technology, has started on its way to traction. But with availability limited currently to the Galaxy Note ...
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