Apple Pay launching in South Korea 'in the coming months'
Following regulatory approval, South Korean credit card company Hyundai has confirmed that it will be collaborating with Apple to bring Apple Pay to its customers.
Following regulatory approval, South Korean credit card company Hyundai has confirmed that it will be collaborating with Apple to bring Apple Pay to its customers.
Former Samsung Pay heads have launched a new mobile payment solution to take on Apple Pay called OV Valet that works with magstripe readers and NFC.
Samsung has launched a new mobile-first money management system called Samsung Money, complete with an accompanying Mastercard and exclusive Samsung Pay benefits.
New research into contactless and payment systems such as Apple Pay and Google Pay, expects the market to grow around three times — and Apple to benefit the most.
Starbucks may be leading Apple in the U.S. mobile payments market with the coffee chain said to have more users who made a payment using its app than Apple Pay.
Samsung is slowly catching up to its competition in the contactless mobile payments market in the United Kingdom, with the South Korean electronics giant launching Samsung Pay in the country on Tuesday, one year after Android Pay arrived in the UK, and almost two years after Apple Pay launched in the market.
Verizon won't be joining other U.S. carriers in pushing out a "kill" update for the fire-prone and now defunct Samsung Galaxy Note 7, according to an announcement. In the meantime, Apple has allegedly rejected a "Samsung Pay Mini" app at the iOS App Store, possibly deflecting competition for Apple Pay.
Samsung Pay's legacy point-of-sale system compatibility mode may be insecure, as a token theft and remote use vulnerability was demonstrated by a security researcher at the Black Hat conference.
The expanding electronic payments battle between Apple, Google, and Samsung will reportedly reach a new front next month as the South Korean firm is said to be readying a new web-based option that would enable iPhone users to make online payments via SamsungPay.
Samsung on Thursday announced it will bring its Samsung Pay mobile payments service to China through a partnership with e-commerce giant Alibaba's financial arm, an institution once rumored to be negotiating an identical deal for Apple Pay.
A new Samsung TV ad, featuring comedian Hannibal Buress, continues a theme of pointing out that Samsung Pay can be used in stores where Apple Pay isn't supported.
At its Unpacked press event on Thursday, Samsung announced that Samsung Pay — its answer to mobile payment systems like Apple Pay — will launch in the U.S. on Sept. 28.
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