Monday, February 23, 2015

‘Payment Samsung, Google may conflict – Telecompaper

Since both Samsung and Google are both active role in the market of mobile payment, there would be friction may arise between the two companies. That writes the Wall Street Journal (WSJ) based on anonymous sources. Samsung belongs thanks to Google’s Android to become one of the largest smartphone vendors worldwide. However, the South Korean company is aiming been on a higher profile in the area of ​​software and services. Samsung recently bought the mobile payment company Looppay that possibly will be part of the services offered by Samsung on its devices.

Google was rumored his own NFC payment service Google Wallet reintroduce. This service has already been launched in 2011, but then could not count on a warm reception. Especially American carriers were not keen to provide them the service on smartphones.

Meanwhile, they would be open to the new Google Wallet as now they would receive financial compensation from Google for its mobile payment service. Providers also would be revenue from ads in prospect. Further could go Google Wallet counterbalance to the mobile payment Apple Pay, which was unveiled last September.

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