Samsung takes fight to Apple with mobile wallet strategy

Samsung’s new Samsung Pay mobile wallet system is demonstrated at its Australian launch in Sydney. (Source: REUTERS)
Smartphone leader Samsung Electronics has for years been a spectator as Apple built a services “ecosystem” supporting its products. But now, as the two develop the market for mobile payments, the Korean tech giant is taking the fight to its US archrival.
For Apple, offering users the ability to tap their iPhones on sales terminals to buy a coffee, snack or train