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Enter Samsung Pay? Smartphone Giant Seeks Mobile Payments Spark


Ron Burgundy
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An employee demonstrates a Samsung Pay, Samsung's new mobile payment system at a shop in SeoulBy Se Young Lee SEOUL (Reuters) - In a new Samsung Electronics Co ad, a mysterious monk strides through a supermarket to a hip-hop beat using his staff to wizard groceries into a cart. At the checkout, an acolyte whips out a smartphone to settle up using Samsung's new mobile payment system, as if by magic. The tongue-in-cheek nod to martial arts movies is a plug for Samsung Pay, a technology to be rolled out in the United States later this month that allows customers to pay for goods by simply placing their handsets on or next to a point-of-sale terminal.




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