×
× Digital News Videos Kenya @ 50 Health & Science Lifestyle Opinion Education Columnists Ureport Arts & Culture Moi Cabinets Fact Check The Standard Insider Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
Login ×

Samsung Elec's new smartwatch to offer mobile payments: Electronic Times

By Reuters | June 8th 2015 at 10:18:28 GMT +0300

Tech 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. This is the same technology Apple Inc uses for the Apple Pay function supported by its smartwatches.

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. The company did not immediately comment on the report.


Samsung Electronics Co near-field communication (NFC) Apple Inc Apple smartwatch
Share this story

More stories


Take a Break

Feedback