(Digital Marketing Agency) – At
its annual Unpacked conference at MWC on March
1, Korean electronic and leading mobile firm Samsung is expected to reveal the
Galaxy S6 along with the rumored payment method that can rival Apple Pay.
According to bgr.com, earlier rumors indicated that the payment system will be
built based on Loop Pay technology.
The USP of the payment system is that it doesn’t require a built
in NFC chip and instead simulates a credit card swipe.
It is believed
that Samsung’s mobile payment system will be available more to the world than
Apple Pay since the report stated that the payment system will be made
available by different service providers according to regions.
The rumor sparked when Samsung release a statement that “it
will be launching a special function” in the upcoming Samsung flagship.
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