Samsung Pay to expand to online payments and cheaper phones in 2016

Samsung Pay

This year we are about to enter is going to be the one check a before and after for payments through mobiles. Due in part to the incorporation of the fingerprint sensor in a large number of terminals that will allow a more reliable recognition of the user so that you can make payments with the ease that your smartphone will be. All the new high-end smartphones presented in recent months already come with a sensor of this type that, apart from allowing a faster and more secure unlocking of the terminal, will also facilitate payment in online web services, as we have known today with the news coming from Samsung.

Since the launch of Samsung Pay in September, Samsung has been working hard to launch this service in which 2016 seems like the definitive year to also include it in cheaper or low-end phones. Apart from integrating it into entry phones, Samsung's plans for 2016 go through making it more competitive to be on par with what Android Pay and Apple Pay offer in terms of online payments. So Samsung Pay will gain support for online payments in 2016 according to Thomas Ko, one of the managers of this service for Samsung globally.

Online payment services

Now there are several companies competing for the future of mobile payments, a sector where Samsung launched its Samsung Pay in September and which was a big surprise due to the fact that unlike Android Pay and Apple Pay, it could be used anywhere a debit or credit card could be used. Android Pay and Apple Pay, on the other hand, offer support for online payments, which can be used to purchase items on Amazon with the ease of using a fingerprint scanner, instead of having to enter account details for each transaction.

Samsung Pay

Samsung Pay online payment services will be available first in the United States and for now we do not have a date for its international launch. At the moment the terminals that have access to Samsung Pay are the Galaxy S6, Galaxy S6 Edge, Galaxy S6 Edge Plus and Galaxy Note 5. Something that will change for next year, since it is logical that the more users can use it, the more earnings will be passed on to Samsung from the percentages of the transition.

On more mobiles for next year

For what Samsung Pay will reach more phones for next year, according to Samsung itself, since at the moment they are in the high-end range and for the service to spread it is needed throughout its repertoire of mobiles.

Samsung Pay

When it comes to online payments, this one too it would be a very easy to use system which would allow online shopping websites to integrate it without much hassle, such as PayPal, Amazon Payments and Visa Checkout. For Samsung users, this system would be a very attractive option for those who already have their payment data saved on their phone, which would make it easier for them to use it to have another payment system through a wide variety of online stores.

The thing is to have those online stores with their payment system available and here will enter the work that Samsung will have to do for the next few months, since in South Korea they will not have as many problems as they will be able to find in European and American stores Those who will have to be convinced to have this payment platform available to the millions of users who could use it in the coming years. This is where Samsung will meet Amazon head on that it has its own system already established and that it will not be easy to convince when it is one of the giants of the online shopping sector. An interesting year that is coming our way.


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