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Topic Started: 25 Apr 2018, 02:07 PM (28 Views)
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Samsung Electronics Co plans to expand its fledgling mobile payment service in the US in 2016 http://www.cheapnbajerseysheat.com/chris-andersen-jersey/ , allowing users to shop online and with more smartphones that support the electronic wallet.


Lower-priced Samsung phones will likely start offering the mobile wallet "within the next year," Thomas Ko, global co-general manager of Samsung Pay, said in an interview. The service debuted in South Korea on just a handful of high-end Samsung phones, including Galaxy Note 5 http://www.cheapnbajerseysheat.com/danny-granger-jersey/ , Galaxy S6 Edge, Galaxy S6 and S6 Edge Plus.


Wider "handset availability of Samsung Pay as well as online payment support is coming soon," he said last week.


He did not comment on which other countries and regions Samsung Pay would expand to.


Samsung Pay has already scored a lead over its major rivals Apple and Android, by launching its US service on September 28 with technology that is widely used at most stores. Apple Pay and Alphabet Inc's Android Pay require retailers to install new equipment.


By accepting payments online, Samsung Pay will compete with established rival PayPal Holdings Inc http://www.cheapnbajerseysheat.com/ray-allen-jersey/ , as well as newcomers such as Visa Inc's Visa Checkout.


Mobile wallets have struggled to find favor in the US, which has also been slower than Europe and Asia to adopt technologies such as credit cards embedded with microchips.


Samsung Pay is already the most widely accepted mobile wallet in the US because it is compatible with new and older credit card terminals and do not require any special arrangements with retailers, Ko said. For instance, shoppers at Wal-Mart Stores Inc or Target Corp can pay by just waving their smartphones with the app.


By contrast, Apple Pay http://www.cheapnbajerseysheat.com/lebron-james-jersey/ , launched in September 2014, requires retailers to install new equipment that supports near-field communication compatible with its service, which has hindered wider acceptance, consultants said.


"For Samsung, moving online could be a smart move http://www.cheapnbajerseysheat.com/gerald-green-jersey/ ," said James Wester, research director of global payments at IDC Financial Insights. "It will help them build customer habit and they can benefit from that when US consumers transact in stores."




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SHENZHEN http://www.cheapnbajerseysheat.com/josh-mcroberts-jersey/ , Dec. 6 (Xinhua) -- KuangChi Martin Jetpack, the world's first practical jetpack able to be flown by a pilot or via remote control, made its maiden flight in south China's coastal city of Shenzhen on Sunday.


Michael Read, director of Flight Operations from New Zealand-based Martin Aircraft Company, flied over a water park on the Martin Jetpack for more than five minutes http://www.cheapnbajerseysheat.com/dion-waiters-jersey/ , with cheers from the public over its spiraling and swerving.


A remote-control demonstration was also shown to the public.


The jetpack, with a 200-horsepower gasoline-powered engine, is able to fly nonstop for 30 minutes with a maximum speed of 80 kilometers per hour. A parachute can be shot off within 0.68 second once the system detects a looming risk.


KuangChi S.

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