Samsung pay has been delayed

samsungpaySamsung had promised to release Samsung Pay for S6 users this July. But Bloomberg says that Samsung revealed on a call to investors that they will miss their deadline of July and instead push it back to September. According to a Samsung representative they will be rolling out Samsung Pay in September in the United States and South Korea.

Samsung pay was originally unveiled in March at the Galaxy S6 event. The service aims to allow the user to easily make payments at their local stores with a Galaxy S6 or Galaxy Edge and NFC. Samsung bought Loop Pay, a mobile payment service to help them compete with companies such as Apple and Apple Pay.

After the release of Android Pay at Google I/O there is no telling how Samsung Pay will do, since Samsung users will simple be able to use Google’s Android pay on their devices. There is nothing that sets Samsung Pay part from Android Pay (besides MST) so I predict that users will simply use that especially since Samsung Pay will come out after Android Pay.

Image Source: TechCrunch


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