Samsung Pay officially headed to Canada before 2016 ends

samsung pay platform phone mobile commerce

After months of rumors, the consumer electronics giant has now confirmed its mobile wallet is headed to Canada. Canada has been hearing rumors that Samsung Pay was on its way for several months. However, it is only just recently that the electronics giant has given official confirmation that this is true. The company released a statement that has been published on several news outlets indicating that Canadians will have the mobile wallet in 2016. In fact, the statement said the Samsung mobile payments would arrive in Canada in early November…

Read More

Scary Samsung Pay security flaw identified

Samsung Pay Security

A company representative has revealed that the mobile wallet may not be as safe as previously believed. A Samsung Pay security flaw has been identified. A representative of the company has released a statement to the public to help to explain the problem. The scary component of this report is that it could place the transaction details in the hands of a hacker. This has arrived at a time when mobile payments are only just starting to be accepted by consumers. Among the main barriers to the adoption of mobile…

Read More

Mobile payments trends are seeing growth held back by biometrics

Mobile payments trends wallet

The technology to scan various body parts such as eyes and fingerprints may be too challenging to keep up. While it had looked as though mobile payments trends might have the potential to take off with rapid growth as more consumers look to their smartphones to replace their use of credit and debit cards, adoption has essentially flat-lined. This, despite the fact that industry giants such as Samsung and Apple have leapt into the market. Even with the best efforts of some of the largest tech giants in the world,…

Read More

Samsung to take its mobile payments into Chinese market

samsung Pay test mobile payments devices technology news galaxy grand 2

The tech giant will be following Apple into that space and claims to support credit and debit cards from 9 banks. Samsung has announced that its mobile payments service has now launched for the first time within the Chinese market, where it will be joining an exceptionally crowded space that already includes its top rival, Apple. Apple Pay stepped into the second largest economy in the world almost a month and a half ago. China also happens to be the largest smartphone market in the world and Samsung has managed…

Read More

TD Canada Trust launches its own mobile payments service

Canadian Mobile payments

TD Bank app has been updated to use new payment service TD Canada Trust has beaten both Apple and Samsung in launching a new mobile payments service in Canada. The company has launched its own payments platform in an effort to better connect with mobile consumers that rely heavily on their smartphones and tablets. The service is part of the TD Bank application, which is now available for Android devices. Those with TD Canada Trust Visa cards can now use the app to connect to sales terminals throughout the country,…

Read More