Along with its announcement of the Galaxy Note 5 and Galaxy S6 Edge+, Samsung also announced a starting date for its mobile payment system, Samsung Pay. The service finally arrives in the US on September 28, but there will be a beta trial period for select users that opens on August 25. If you live in Korea, well, you get to start using Samsung Pay as early as August 20.
At launch, Samsung Pay will be compatible with the new Galaxy Note 5 and Galaxy S6 Edge+, along with the previously released Galaxy S6 and Galaxy S6 Edge. The Note 5 and S6 Edge+ will come preloaded with the software, while the regular S6 and S6 Edge will see a software update in mid-August to enable it. (more…)
A lot of people seem to be upset that the OnePlus 2 does not have NFC. As we all know, OnePlus likes to talk a big game. They are the ones who “#neversettle,” after all. But how can this flagship killer actually kill flagships without NFC? Why not just include it?
Here’s the thing – Near Field Communication, or NFC as the kids are calling it these days, simply doesn’t matter in 2015. I want you to come with me on a journey back to yesteryear. No, literally, think back to 2014. Everyone thought that once Apple added NFC to the iPhone, NFC would become a big deal. The teens would be bumping their phones to exchange contacts, every single store in America would support mobile payments, and all of the big issues plaguing our country would be solved.
Well, it’s been almost a year since NFC was added to the iPhone exclusively for contactless payments and you can still hardly use it anywhere. Even major businesses like Starbucks are continuing to use barcodes for payment like it’s 2011. And it isn’t just Apple’s problem. While Android phones have been able to pay for things with Google Wallet and myriad of other services, most stores still want a credit card. (more…)
The OnePlus 2 doesn’t have NFC, did you know that? Of course you did, because it’s all anyone can say in the comments when telling others why they aren’t buying one. OnePlus supposedly thinks that no one uses NFC, even though we are finally at a time where Apple has given in and begun using the tech to try and make mobile payments a major deal. OnePlus…they don’t care. Why include the tech when no one uses it?
(Because it probably costs pennies to include a damn NFC chip, that’s why. Add a freakin’ dollar to the price of your “flagship killer.” We’ll all pay to have a phone that isn’t crippled in the NFC department.)
Anyways, we are with most of you in that it seems quite ridiculous that OnePlus made an NFC decision for us based on who knows what kind of evidence of use. All I know, is that I like to make a mobile payment or two here or there and am disappointed that this phone, which should be incredible, won’t ever be able to.
So now we want to see votes. Would you buy a phone (could be any phone, not just the OnePlus 2) if it lacked NFC? What if the new Moto X or Galaxy Note 5 didn’t have NFC, would you still consider them?
According to a report out of Electronic Times, Samsung’s next smartwatch will have NFC so that the Korean manufacturer can extend its payment system from phone to wearable. The current target for release is “second half of the year,” but I would imagine a new watch with payment capabilities will launch alongside the Galaxy Note 5 and Samsung Pay in September. (more…)
I would be lying if I said that this surprises me, but Samsung just acquired LoopPay, a company specializing in mobile payments in a way that doesn’t require NFC or changes from retailers. The two companies were previously rumored to be working together to create a competitor to Apple Pay.
LoopPay has been on the rise as of late, thanks to its technology that is able to emulate a magnetic card swipe that happens each time you use a regular credit card at a payment terminal. The technology, at least in recent forms, starts through a case that is attached to a phone which can then be tapped to a payment terminal to finish off a transaction. The key feature of LoopPay is that it doesn’t require retailers to change out their existing hardware and works at around 90% of current pay terminals. In other words, LoopPay doesn’t need to wait for retailers around the world to swap out current hardware for NFC-equipped hardware in order to work, like Google and Apple do. (more…)
You remember Isis Mobile Wallet don’t you? That would be the mobile payment system that carriers – specifically, Verizon, AT&T, and T-Mobile – created to be the only payment system you would need on your phone. That would also be the payment system that carriers used as reason to help block, but not admit-to-blocking, while still blocking because it was “different,” Google Wallet, for years while they took their sweet time getting Isis ready. And let’s not forget that the service has already been renamed to Softcard because of the growing entity known for terrorism that the original name matched. All caught up on Softcard and Isis?
According to a late Friday report out of TechCrunch, the payment system has been a massive failure to this point and is now in talks with Google to potentially be acquired. (more…)
If the store at which you are trying to buy that stick of gum has an NFC terminal, Apple Pay and Google Wallet work well enough. But if it lacks one, or is part of a competing consortium, you will have to whip out the antiquated plastic between the lint in your pocket. But that may change if Samsung has its way. According to multiple Recode sources, the Korean electronics giant is in talks with startup LoopPay, to develop a smartphone payments method of its own. (more…)
Over the weekend, news broke that many retailers across the US were not supporting Apple Pay, shutting down their wireless payment terminals to anyone looking to use them. Unfortunately, and apparently unknown by many, this move by retailers does not just hurt Apple Pay users, but also effects Google Wallet users as well.
While the number of Google Wallet users may not compete with the amount of people who plan to jump on the Apple Pay train, Wallet users have not been met with many issues surrounding the service until Apple announced and released their own NFC-based payment system. Now with Apple Pay released, it appears that huge retail chains, such as 7-Eleven, Walmart, and Best Buy will soon launch their very own mobile payment app, meaning that they now have motivation to simply shut out all competitors from their stores.