Samsung Galaxy Note 8

Samsung Galaxy Note 8

Samsung Galaxy Note 8

Samsung Electronics Co made its Android and Apple Pay competitor available in the UK May 16, as it attempts to play catch-up in one of the major markets for contactless payments.

Samsung Pay is now available in the United Kingdom for customers of three financial institutions - MBNA, Nationwide and Santander - with "more on the way".

In the midst of the Galaxy S8 and S8 Plus releases this month, Samsung has reportedly been gearing up the refurbished Galaxy Note 7, called the Galaxy Note 7R, as it hitting the market again in May.

Samsung Pay allows users of its smartphones to acquire goods and services by holding their devices up to a contactless card reader.

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The Samsung Galaxy C10 is expected to be the next midrange offering from the South Korean tech giant, but the device would not feel like a midranger at all.

According to Samsung, its payment platform doesn't use Magnetic Secure Transmission (MST) technology, which is used older payment terminals and magnetic strip cards.

Samsung has confirmed it will soon release refurbished versions of the ill-fated Galaxy Note 7 - the phablet that caught fire in several cases past year - but certification for the new phone may prove a problem for Samsung. Yuanta Securities analyst Lee Jae-yoon had earlier predicted that Samsung will be able to sell out almost 50.4 million units of Samsung Galaxy S8 and Galaxy S8+ together. However, he said that it won't be the first Samsung device to have that snapper but it will be a foldable phone instead. Are you likely to use Samsung Pay over Android Pay?

At launch, Samsung Pay supports MasterCard, Visa and cards issued by MBNA, Nationwide and Santander.

Samsung Pay's slow advance continues. Samsung was also able to sell 10 million units of the Galaxy S6 during its first month of availability.

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