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Samsung May Show New Payment Platform

Samsung may be planning to reveal its new mobile payments platform as early as next week. The company is expected to unveil the platform at the upcoming Mobile World Congress. The company is speculated to have partnered with Visa to develop the new service, which is called Samsung Pay. The new platform could serve as direct competition with Apple Pay, which has managed to establish a strong foothold in the mobile payments sector in the United States. Samsung has shown significant interest in mobile transactions in the past. Many of the company’s smartphones are equipped with NFC technology. This technology can be used for various purposes, such as engaging with dynamic marketing and sharing digital media with other NFC-enabled devices.

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