Samsung wants to bring Samsung Pay to devices from other manufacturers

According to the gadgets 360, Samsung is to negotiate with other smartphone manufacturers about the payment system Samsung Pay also on their devices to allow. For this, smartphones would have to be equipped with an MST chip (Magnetic Secure Transmission) or you rely on accessories. MST is currently in the area of ​​handling also the advantage opposite Android Pay, which works with NFC. In South Korea, Samsung Pay is now very successful. After the start 2015, there are now 34 million users and thus ten million more than Android Pay. Samsung recently launched Pay in India, a large country in which Samsung holds about 48 percent of the premium market. One thing seems clear: There is obviously a lot of ambition for the mobile payment systems sector in the company.



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