-
Akshit
11:34 31st May, 2016
Samsung To Roll-out Pay Mini App For Android And iOS | TechTree.com
Samsung To Roll-out Pay Mini App For Android And iOS
The new payments app by Samsung is the company’s attempt to counter other payment apps.
Since so long, Samsung’s native payment option was only available on its Galaxy line of Android smartphones however new report suggests that the Korean consumer tech giants are launching a new payments app on third-party Android and iOS smartphones.
According to a new report from ET News, the new Samsung Pay Mini should make its debut sometime in June. Unlike the regular Samsung Pay, which allows for contactless payments using the Magnetic Secure Transmission (MST) standard, the Samsung Pay Mini app will focus mainly on online payments.
Once the app is on play store, users can store their credit/debit card information within the app and the payment gateway will automatically process the transaction. Also users will have to authenticate themselves by fingerprint scanning or a password.
The Samsung Pay Mini app will reportedly store the receipts as well, so you always know what you purchased and have all info in one place. Reportedly it will also involve a six-character passcode to complete the transaction.
Once pay mini is out, its main competition will be with Android Pay which was recently launched in the UK. Samsung Pay is not pre-installed on Galaxy smartphones like Apple Pay is for iPhones. So it becomes more tough for them to complete with the existing options.
[Image Courtesy: Digital Trends]
TAGS: Samsung Pay Mini
- DRIFE Begins Operations in Namma Bengaluru
- Sevenaire launches ‘NEPTUNE’ – 24W Portable Speaker with RGB LED Lights
- Inbase launches ‘Urban Q1 Pro’ TWS Earbuds with Smart Touch control in India
- Airtel announces Rs 6000 cashback on purchase of smartphones from leading brands
- 78% of Indians are saving to spend during the festive season and 72% will splurge on gadgets & electronics
- 5 Tips For Buying A TV This Festive Season
- Facebook launches its largest creator education program in India
- 5 educational tech toys for young and aspiring engineers
- Mid-range smartphones emerge as customer favourites this festive season, reveals Amazon survey
- COLORFUL Launches Onebot M24A1 AIO PC for Professionals
TECHTREE