Samsung Pay Will Be Available in the Upcoming Samsung Smartwatch

Samsung Electronic announced that the company will be launching a mobile payment services which will be named Samsung Pay for its smartwatch in the second half of the year. Samsung Pay will be using near-field communication (NFC) technology to authorize a payment. Therefore, instead of taking out his or her smartphone, the user will just need to tap his or her smartwatch into the payment terminal in order to make payment. This can only work provided the payment terminal supports the NFC technology too.

The advantage of making Samsung Pay available on its smartwatch is for user’s convenience. For example, for users who like exercising outdoor, smartwatch is able to calculate the distance travelled, the calorie burned, give weather prediction and with the Samsung Pay feature included in the smartwatch, users can also purchase things like water or energy drink, without having to carry their wallet around while exercising.

Apple has similar payment service which is known as Apple Pay. The company is also planning to include Apple Pay feature on its smartwatches, Apple Watch. For every transaction that the user made using credit card, Apple will collect a fee of 0.15% of the total transaction value whereas for debit card, Apple will collect 0.5%.

Samsung Electronic also said that Samsung Pay mobile payments service which supports NFC technology will be available with selected partners only. However, there is no further information from the company regarding this matter.

Samsung Pay Will Be Available in the Upcoming Samsung Smartwatch

All you need to know about Samsung Galaxy S6 Edge

Today, Samsung announced its much awaited flagship the Samsung Galaxy S6 along with much anticipated sibling the Galaxy S6 Edge. Both these handset pack some very good material built quality with glass panels and some excellent new features. After knowing all about the Samsung Galaxy S6, here are some details about the dual-curved Galaxy S6 Edge.

Design and Display

The Samsung Galaxy Edge curves don’t seem to offer much functionality as we have seen the Galaxy Note Edge but gives complete new design looks and the edges at the screen sides look very much like an extension to its display offering almost bezel-less looks to the handset. Unlike the Galaxy Note Edge, the curves here are less pronounced offering a thick frame for the smartphone to easily mount the volume and power buttons. This helps in providing a firm grip to the handset. However, Samsung has still retained the Edge functionality for limited use like displaying a clock, but it would not accommodate the app icons or widgets.

Besides the curved display, the good thing about the Galaxy S6 Edge is that it is made up of aluminum unibody case with its back covered with the toughened Gorilla Glass 4. This helps to give the device the much needed premium look in terms of design and built quality. Both these Galaxy S6 handsets come in four different colors of Black Sapphire, White Pearl, Gold Platinum and Green Emerald. The thickness of the handset is still reasonable measuring 7mm.

Some disappointment for the users would be that both the handsets are not IP67 certified which means they are not waterproof. Now talking about its display, the device hosts a 5.1” panel with QHD resolution having 1440×2560 pixels. The display for the handset is made with the company’s own Super AMOLED technology the prowess of which we have been witnessing in many premium Galaxy flagship smartphones. Samsung is said to have worked a bit to tweak and enhance the brightness and color accuracy over the display panel.

Hardware and Software

Just like the Samsung Galaxy S6, the edged sibling too has the home baked Exynos 64-bit chipset to its heart. The chipset comes with a 8-core CPU clocked at 1.8GHz and is supported by Mali T760 GPU to take care for multi-tasking and graphic controls. The RAM is similar with 3GB super-fast LPDDR4 type and internal memory comes with the company’s own UFS 2.0 technology offering 2.7 times higher transfer rates compared to eMMC 5.0 tech. The device is said to have three storage options with 32GB, 64GB and 128GB and does not have additional microSD card support. The chipset is made with the 14nm process and is said to be less power consuming delivering outstanding results as confirmed by different benchmarks.

The device runs the latest Android 5.0 Lollipop on-board skinned with the TouchWiz UI. The TouchWiz UI has been worked upon a bit to make it more responsive and faster. The Galaxy S6 Edge would come with the traditional S Health, S Voice, Quick Connect and Ultra Power Saving mode. There is a new Themes app offered which would allows users to customize the looks of the UI as per the user’s choice. An app for the Samsung Pay service is also said to be coming Google apps. Microsoft OneDrive, Skype and OneNote are also said to be installed that would offer users more 115GB of OneDrive storage for two years.

Camera Sensor

Both the Galaxy S6 handsets have got the same camera with 16MP sensor with its aperture upgraded to F1.9 offering more better light capturing, shallow field depth and better focus options and effects. Some more features include Selective focus, OIS, 4K video, HDR and quick-access to camera with double tap of home button turning the camera on in just 0.7 seconds. The front hosts a 5MP selfie snapper with the same F1.9 aperture.

Release date and pricing

Samsung would release the Galaxy S6 Edge globally next month on the April 10^th 2015 and it is said that it would priced for around $750 off-contract. Take a look at some of the official images for the device.

Via: PhoneArena

All you need to know about Samsung Galaxy S6 Edge

Samsung announces Samsung Pay, a secure and easy mobile payment service

Samsung has officially launched Samsung Pay, its mobile payment service, at the MWC as expected. This was announced alongside Samsung’s much awaited flagship phone Samsung Galaxy S6 and the Galaxy S6 Edge. Last month, Samsung had bought LoopPay, a mobile payment startup and now the South Korean giant is ready to take on Apple Pay with this new “secure and easy-to-use mobile payment service”.

The good thing about Samsung Pay is that it will use both its own Magnetic Secure Transmission (MST) technology and the Near Field Communication (NFC) system for contactless payments making it accessible at majority of terminals. In contrast, Apple Pay uses only the NFC system for mobile payments. This means that Samsung Pay will have a greater reach and would be accepted at about 30 million retail locations worldwide. With its MST technology, Samsung Pay can also enable private label credit card (PLCC) support with the cooperation of Synchrony Financial and First Data Corp.

Samsung has already roped in two largest payment networks Visa and MasterCard and is also working to expand the Samsung Pay reach by partnering with other financial institutions such as American Express, Bank of America, U.S. Bank, Citi Bank and JPMorgan Chase.

JK Shin, CEO and Head of IT & Mobile Communications Division at Samsung Electronics said:

“Samsung Pay will reinvent how people pay for goods and services and transform how they use their smartphones, The secure and simple payment process, coupled with our robust partner network, makes Samsung Pay a truly game-changing service that will bring value to consumers and our partners in the ecosystem.”

Samsung Pay is an easy-to-use app requiring some simple steps to add your card.  Once your card is added, you have to just swipe up from the bezel to wake the Samsung Pay app and then select the card from which you want to make the payment. Then authenticate it with the fingerprint sensor. For making payment, simply tap your smartphone to the point-of-sale (POS) terminal and viola your payment is made!

Your transaction information is protected by Samsung’s KNOX mobile security platform jointly with ARM TrustZone. Any data attacks are also thwarted.

Samsung Pay will launch in summer of 2015 first in US and Korea, expanding to other regions such as Europe and China later. Samsung Galaxy S6 and Galaxy S6 Edge will be the first devices to support Samsung Pay.

 

Source Samsung Mobile Press

Samsung announces Samsung Pay, a secure and easy mobile payment service

Reports: Samsung and PayPal executive meet to discuss for Samsung Pay

Samsung seems to be making every possible move to get in its mobile payment system Samsung Pay soon in action. Recently, the company also bought out the LoopPay that is famously used in many of stores in US. In order to give a further boost to its project, PayPal founder Peter Theil and Samsung heir Lee Jay-yong had recently has a meeting at the company’s own owned hotel in South Korea Seoul. It is said that the negotiations between the two parties have been quite fruitful and the hour-long meeting is said to have clicked for Samsung Pay: “Samsung’s Lee may have asked for business advice from Thiel, who is an expert in fintech. Expectations are high that Samsung will soon launch a new competitor to Apple Pay.”

The Samsung Pay is reportedly being incorporated in the upcoming Samsung Galaxy S6 and the great thing is that at the start only it is supposed to work anywhere with the magnetic strip debit and credit card acceptance with over 10 million points worldwide.

The case for Apple Pay was that it required merchants o have their own dedicated POS terminals, which somewhat has been the reason for its low adoption but as Samsung might use the already established and widely accepted LoopPay system, the acceptance for its Samsung Pay is expected to be fast.

source: KoreaHerald

Reports: Samsung and PayPal executive meet to discuss for Samsung Pay