Samsung has announced that they will be delaying the launch of their mobile payment service until September. This will surely make a dent in Samsung’s plans to catch up to Apple and Google. With Apple Pay already making the rounds, but limited to the NFC-included iPhone 6 and iPhone 6 Plus and Android Pay which is very close to its market launch.
In the process Samsung has also indirectly confirmed the launch of the Samsung Galaxy Note 5. Executive Vice President Rhee In Jong had earlier stated that the mobile payments service would debut in July. It is slated to launch in U.S. and South Korea along with Samsung’s next high-end mobile device.
[blockquote author=”Claire Kim, analyst”]“The new service will likely be deployed on its next Galaxy Note device. The key is how fast Samsung will be able to expand the service to lower-end devices.”[/blockquote]
If we are to consider all the facts, we might assume the Samsung Pay and the Galaxy Note 5 both will be lined up for a release in September.
At a developer conference on May 28, Google announced a new feature in Android Pay that lets smartphone app be used as a Wallet to be used in stores both physical and online. Shoppers can utilize this service at 700,000 U.S. locations.
Samsung Pay will surely have one key benefit here once its launched, as it will come pre-loaded on most popular Android smartphones.