Samsung Pay might arrive on other brands’ phones

Jul28

by Sindy Cator on July 28, 2017 at 6:03 am

Samsung is in talks with hardware makers to extend its mobile payment service to other phone brands, reports Gadgets 360. There are a couple of different ways this could work: Samsung might either convince companies to embed a Magnetic Secure Transmission (MST) chip in future handsets so they can mimic a card swipe, or sell them an after-market accessory to enable payments. That’s really Samsung Pay’s big draw over Android Pay, which works only over NFC. While it sounds absurd for phone companies to adopt and offer a clearly branded service from a major rival like Samsung, it could make…