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Samsung Mobile Payment, “Samsung Pay” to launch in the second half of 2015

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Following Apple’s launched of their mobile payment system, The Apple Pay, Samsung who is Apple’s main rival in world of smartphone manufacturing has revealed that it will soon also launch it own mobile payment system tagged Samsung Pay in second half of 2015. Though initially announced back in March at the 2015 Mobile World Congress (MWC), the Asain tech giant made it more promising this time.

samsung_mobile_pay_optionAccording to Samsung Managing Director, Park Jin-Young, the mobile payment  service will first launch in the US and South Korea but entering Europe and other part of the world.

Also revealed was that the service utilizes the near-field communications (NFC) and magnetic secure transmission (MST) technology developed by LoopPay.

Till then, we keep our fingers crossed for what the service has in full for us.

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