Tag: samsung pay

The Internet of Things is changing the way payments are transacted

Jorge Gonzalez
Internet of Things - Mobile payments IOT

Smart payments and the way they take place is a rapidly evolving ecosystem that isn’t slowing down. The Internet of Things (IoT) is providing enhancements to the entire world in which we live through a rapidly growing spectrum of connected items in our lives. A substantial component of this IoT trend has to do with being able to complete smart payments. Though it feels as though it wasn’t all that long ago that smart payments first came into existence, and for many people, the idea of using wearable technology to…

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Apple leads in mobile wallets use but not in total purchases

John Montgallo
Mobile wallets - Payment with iPhone

The iPhone’s payment app has been around for 8 years, and adoption has been rising quickly. The Apple Pay has been available in the mobile wallets category for 8 years as of 2022 and while it did have a slow start – as did many others in that category – but it has started picking up. In the United States, adoption of all phone-based digital payment methods has been slow. The report “Apple Pay at 8: Connected-Tech Consumers Lead the Way” issued by PYMNTS showed that even though more than…

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Contactless mobile payments collaboration forms between CTBC Bank and Soft Space

Stephanie Beck
Contactless mobile payments - Paying with wearable device

The partnership will work as a system used by Taiwanese taxis to make it easier to charge fares. CTBC Bank, based in Taiwan, has entered into a partnership with Soft Space, a fintech from Malaysia, to launch a contactless mobile payments system to be used by cab drivers to collect taxi fares. The system will allow customers with Android smartphones and NFC technology to tap to pay. The contactless mobile payments system will be powered by Soft Space so that Android phone users can pay for their cab rides using…

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Mobile wallet partnership forms between Samsung Pay and South African PayGate

Stephanie Beck
Mobile wallet - Business - Partnership

The South African payment gateway has announced it is accepting the electronics giants’ payments. South African online payment gateway PayGate, a DPO Group subsidiary, has announced that it is adding the Samsung Pay mobile wallet to its list of payment methods its merchants will be able to accept. This solution makes it possible for smartphone users to complete transactions with their phones. The mobile wallet is from a trusted brand and allows consumers to be able to complete a purchase without having to use cash or share any of the…

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Samsung rolls out new mobile wallet app to store cards, keys and boarding passes

Stephanie Beck
Mobile wallet app - Samsung phone

This mobile payments option will place the company in direct competition with Google and Apple. Samsung has recently announced the launch of its own mobile wallet app, which makes it possible to store credit cards, digital IDs, car keys and other essential digital documents. This has arrived at a time when Google and Apple have both announced changes to their own. Google recently announced that it would be overhauling its own mobile Wallet app. Apple has announced that its Apple Pay would be receiving a range of new features. Now,…

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