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Samsung puts focus on contactless payments with new platform

Monday 27 March 2017 13:23 CET | News

Samsung Electronics has launched the Contactless Companion Platform, which will have a focus making contactless payments a reality using a smart card, wristband, key fob, or even a mechanical watch or a smart ring.

Samsung has partnered with Smartlink and Ingenico on the platform, according to a press release.

The platform features what Samsung calls a unique digital cash top up concept that enables users to add funds to an account associated with the contactless device. Money top up can be done in app (Android and iOS), PC and point-of-sale terminals, according to the announcement.

The platform can also combine digital cash payments with loyalty points, vouchers, travel cards, ticketing and more, enabling users to pool a variety of contactless services in a few devices of their choice.


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Keywords: Samsung, mobile payments, contactless, device, Contactless Companion Platform
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce