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Last updated: May 10th, 2016 at 14:46 UTC+02:00
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Samsung has roped in two of the biggest payment networks in MasterCard and Visa for Samsung Pay. Additionally, the company is also looking at a few other companies as potential partners, including American Express, Citi, etc. “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,” added JK Shin, CEO and Head of IT & Mobile Communications Division, Samsung.
The company also adds that its KNOX security system, in conjunction with ARM TrustZone, will work to protect your information and attempt to protect you from fraud attempts. From what we’re hearing the service will go live only in summer of 2015, which is when Samsung perhaps expects the Galaxy S6 and the Edge to be at their best when it comes popularity and sales.
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