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Samsung Elec's New Smartwatch To Offer Mobile Payments: Electronic Times

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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A man walks at the Samsung Electronics' headquarters in SeoulTech giant Samsung Electronics Co Ltd plans to offer a mobile payments function in a smartwatch to be launched in the second half of the year, South Korea's Electronic Times newspaper reported on Monday citing unnamed sources. Samsung would use near-field communication (NFC) technology to support mobile payments on the smartwatch, the report said. The South Korean firm has said that its Samsung Pay mobile payments service, which supports NFC technology, will be available with "select partners" in July.




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