Samsung and Visa Target Olympics for NFC Roll Out
Samsung and Visa today announced a new partnership that aims to establish and deploy a near-field communication (NFC)-based mobile payments system in time for the 2012 Olympic Games in London. The two will bring to market a special NFC-enabled handset and accompanying contactless payment application in time for the games that will be accessible to athletes as well as the general public. The companies are working with mobile network operators and financial institutions around the globe, and will offer their joint solution on more than one carrier and with more than one bank. Visa says it already has 60,000 NFC-capable payment terminals in London, and will continue to build on that number leading up to the games. Samsung didn't provide any details about the handset. Samsung already offers the NFC-enabled Nexus S and Bada smartphones.
Samsung's Olympic Galaxy S7 Edge Is Ready for the Games
Samsung today announced the Galaxy S7 edge Olympic Games Limited Edition smartphone. The hardware is identical to the consumer version of the S7 edge, but the Olympic variant packs lots of content specific to the Rio 2016 Summer Olympic Games.
Samsung Pay to Be Accepted At 30 Million Locations
Samsung today announced Samsung Pay, a mobile payment service that it claims will be readily available at tens of millions of retail locations around the world. The service can use either NFC or MST (magnetic secure transmission), technology it recently acquired via its purchase of LoopPay.
Samsung Pay Launches In the US
Samsung today made its mobile payment service, Samsung Pay, available to U.S. consumers.
Samsung Pay Wins Support from More Banks
Samsung today said Samsung Pay will soon be supported by more financial institutions. This means a broader range of consumers will be able to add their credit or debit cards to Samsung Pay.