Samsung is gearing up to launch its new mobile payment system, Samsung Pay. In preparation for its full worldwide rollout, Samsung has just launched a trial for select Galaxy S6 and S6 Edge owners in Korea.
Samsung announced the mobile payment system alongside its two flagship devices back in February at Mobile World Congress, and the company has since been testing out the service to iron out bugs before the big launch date. Samsung Pay was first slated to make its way to consumers in July, but rumors began circulating that the payment method has been delayed until sometime in September when the next Galaxy Note device(s) launch. Releasing the service to the masses alongside the next Note makes sense, but we might not actually have to wait until September to get our hands on it. Recent rumors have suggested that the Galaxy Note 5 will be unveiled mid-August, so there’s a possibility we could see it then.
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As a refresher, in February Samsung officially acquired mobile payment startup LoopPay, which takes advantage of card readers with magnetic secure transmission (MST). Samsung built LoopPay’s features into Samsung Pay, which allows the payment service to be compatible with both NFC payment terminals and legacy terminals.
As of now, details are scarce as to when we can expect the service to launch. We’ll let you know once we get some more information.