Samsung Prepping Expansion for Samsung Pay

[cdmagurus.com]

Samsung today said it plans to make its mobile payment service, Samsung Pay, available in Australia, Brazil, Canada, Singapore, Spain, and the U.K. later this year. The service is already available in the U.S. and Korea. In Korea, Samsung Pay will soon allow Woori Bank cardholders to withdraw cash from ATMs. Samsung said select ATMs will be fitted with the proper technology to sense Samsung Pay on Galaxy phones. Customers won't need to have their debit card to grab some cash. Samsung didn't say if it plans to expand the ATM functionality to other banks or other markets. Samsung Pay uses both NFC and magnetic strip technology to enable payments at most terminals that accept credit cards. Samsung also updated its SoundCamp music creation app, debuted new SDKs and APIs for its ConnectAuto program, announced an IoT platform called Artik Cloud, and expanded what developers can do with its Gear VR. The news was shared during Samsung's developer conference in San Francisco.


More... (http://www.phonescoop.com/articles/article.php?a=17597)