Samsung reveals Apple Pay competitor 'Samsung Pay'

Latest mobile payment initiative from Korean firm announced in conjunction with MasterCardSamsung has announced “Samsung Pay”, a collaboration with MasterCard which sees the Korean firm make a renewed attempt to establish a footing the mobile payment market.The feature will let MasterCard cardholders with a new Samsung Galaxy S6 make in-store transactions with their mobile phone, similar to existing mobile payment systems such as Google Wallet and Apple Pay. Continue reading...