In December of last year, reports claimed that Samsung was cooking up its own mobile payment service to counter the highly-successful Apple Pay, which was available to iPhone 6 and iPhone 6 Plus owners in the US. Apple Pay is coming to other global markets such as the UK. We’ve learned from previous reports that Samsung is working with LoopPay to achieve this, and a new report confirms this, adding that the new mobile payment service will be on board the Samsung Galaxy S6 and Samsung Galaxy S Edge.
The news comes to us courtesy of Korean-speaking DDaily.co.kr. According to the site, the new mobile payment system will not require NFC to be on board smartphones. Instead, it is said to mimic a credit card swipe. This means that it can be used in more shops around the world, 10 million to be exact. The site’s sources say that various providers will offer the service, depending on the region.
Of course, since Samsung is yet to make the Galaxy S6 and its features official, take this with a pinch of salt.
The good news is we won’t have to wait very long to find out if the rumours are true or not, since Samsung will be lifting the lid on its next flagship on the 1st of March at Mobile World Congress in Barcelona, Spain.
Stay tuned here at Phones LTD for further updates.