Samsung Pay Will Launch Online Payments In the U.S.

Samsung Pay plans a major expansion in the United States next year. Users will be able to make purchases on websites with Samsung Pay, which puts it into more direct competition with services like Paypal, Reuters reports. The mobile wallet platform will be also available on lower-end Samsung smartphones, not just flagship models like the Galaxy S6 Edge.

In an interview with Reuters, Samsung global co-general manager Thomas Ko said Samsung Pay will roll out to more smartphone models next year. The payment platform launched in the U.S. in September and has an advantage over competitors because it can emulate magnetic stripe cards thanks to Samsung’s acquisition of LoopPay, in addition to using NFC technology like Apple Pay and Android Pay.

This means Samsung Pay works with a wider assortment of existing point-of-sale equipment than Apple Pay or Android Pay does.

Ko claims that Samsung Pay is already the most widely accepted mobile payments system in the U.S. because it is compatible with most credit card terminals. Mobile wallets haven’t quite taken off in the U.S. yet, but getting people accustomed to using their stored financial information in Samsung Pay for online purchases may convince them to pull out their smartphones at cashier stands, too.

Comments

Five budget-friendly open source storage servers

Storage is essential for the enterprise: Data must be stored. Data must be retrieved. Data must be shared. Data must be secured. At the same time, storage must not consume the entirety of your IT budget. Fortunately, you can find effective solutions in the world of open source. Outside of cost effectiveness, one of the biggest benefits of these solutions is the ability to modify them to perfectly fit your needs. You can make minor changes or even roll your own storage solution based on one of these tools. If you want enterprise support and a "solution in a can" that will meet just about any enterprise storage need, you should turn to Red Hat or SUSE. Both Linux-based companies offer some of the most powerful enterprise-ready tools on the market. But if you'd rather get your hands dirty and craft something of your own—something that won't demolish your budget—these five open source tools are a great place to start. 1: ownCloud ownCloud ( Figure ...

Facebook Now Supports PGP To Send You Encrypted Emails

You can now instruct Facebook to encrypt every email it sends to you so nobody — not even the NSA — is likely to be able to read your messages anytime soon. All you have to do is import your public PGP key into your Facebook settings and you’re good to go. The problem here, of course, is that most people have no idea how public/private key email encryption works and how to even get started with it. In the wake of Edward Snowden’s leaks, a number of organizations, including Google, promised to completely hide the complexities of end-to-end email encryption from regular users. Very few of these products have materialized so far, however — not for lack of trying, but because this is actually a very complex problem, both from a technical and user experience perspective. Facebook uses the well-established PGP scheme (the GNU Privacy Guard implementation of OpenPGP, to be precise) to encrypt messages and tools lik...

Visa confirms Coinbase wasn’t at fault for overcharging users

Yesterday, we wrote that Coinbase customers were being charged multiple times for past transactions. While some speculated that the erroneous withdraws were down to a Coinbase engineering issue, Coinbase issued a statement saying it wasn’t liable for the duplicate charges. The blame, instead, rested with Visa for the way it handled a migration of merchant categories for cryptocurrencies, Coinbase said. While you can read my post yesterday for an in-depth description of what happened, the basic gist is that Visa refunded and recharged (under a different merchant category) a month of old transactions. Many users saw the recharge come through before the refund processed, making it look like they were double charged. Honestly, the issue was likely exacerbated by existing payment rails — it’s normal for refunds to take multiple days to show up on credit and debit statements. But here’s where it gets weird — this morning Visa issued a statement to some publications shifting the blam...

Detail

hi this is ajijulla sahib from sri ganesh college of engineering and technology

Microsoft allays privacy concerns of Windows 10 users

Microsoft attempts to put all rumours related to Windows 10 privacy concern to rest GettyImages Allaying concerns of Windows 10 users over privacy, Microsoft has said information is collected only to offer a better OS experience. Besides, it provides users the ability to have control over the information collected. Microsoft asserts that Windows 10 is based on these two major principles. Besides, the data collected from every system is encrypted to the company's servers and remains in secure facilities. The company says information such as device ID, device type and application crash data is collected in order to help the user obtain an even more secure OS experience. Microsoft clarifies that the data does not include the user's personal files or content. Another reason that Microsoft collects data is to offer a better personalised windows experience. This includes updates on game scores, app recommendations and the common words one types in messaging. If users are ...

Exciting Technology

Search This Blog