Samsung may bring Samsung Pay to other high-end phones

Samsung is reportedly looking into bringing Samsung Pay to other manufacturers' devices

Reportedly, "initial talks with other smartphone vendors in various markets" have already been conducted, and the expansion of Samsung Pay to "high-end smartphones of other companies" could begin as early as the middle of 2018. But apart from that several months ago, the company has announced a miniature version of the Samsung Pay named Samsung Pay Mini which was actually integrated with some mid-range smartphones launched in India. The company has already started supporting PayPal and Visa checkout in United States of America and has a plan to add the support for Indian mobile wallet service PAyTM and India's Universal Payment system UPI (Unified Payment Interface). While the NFC aspects of the app could easily be used by other devices, the company would need to find a way to feasibly bring its MST (Magnetic Secure Transmission) technology to other handsets.

What do you think of Samsung Pay and do you use it on your Samsung smartphone?

Samsung of course hasn't commented, but it will be interesting to see what happens on this front.

That said, outside companies will have to add a specialised chip in order to enable the use of MST technology and support Samsung Pay.

Wall Street opens at record on strong earnings
Separately, AT&T Inc., Chipotle Mexican Grill Inc., and Advanced Micro Devices Inc. all rallied following their results. Insurer Anthem Inc.(ANTM) shares slid 2.9% as quarterly earnings came in above expectations, but revenue fell short.

As a reminder, Samsung Pay only works with selected Galaxy smartphones, including the Galaxy S6, Galaxy S6 Edge, Galaxy S6 Edge Plus, Galaxy Note 5, Galaxy S7 and the Galaxy S7 Edge.

At present, in Australia Samsung has partnered with around 40 financial institutions, most recently partnering with ANZ who will now offer Samsung Pay to their customers. The company has also been thinking to make an accessory which will let the users of the un-supported device also use the Samsung Pay services but at the end of the day, it should also be feasible to them.

HCE Adoption to Rise 5-Fold Over the Next 4 Years The research found that 2015/16 were watershed years for HCE (Host Card Emulation) in terms of commercial service rollouts.

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