While Galaxy S7 owners have always been able to enjoy Samsung Pay, they previously had to download the application via a shortcut. With next year’s phones, Samsung will be eliminating that step, making it that much easier for users to get set up with the service, the only to offer magnetic secure transmission in addition to the standard NFC. This allows it to be used on virtually any credit card payment terminal, not just ones updated with newer technology.
Additionally, the company is eyeing an early 2017 release of a Samsung Pay Mini app in the Google Play Store that will extend the payment service to other Android phones for online shopping. Earlier this week, a similar app was rejected by Apple for inclusion in its App Store.
Why this matters: Like virtual assistants, there are several competing payment services depending on the phone you are using. Samsung’s move to expand Samsung Pay to more phones could muddy the landscape even more, but the more people who adopt contactless payments, the closer we’ll get to a standardized system that just works no matter which phone you have.
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