Samsung will announce their new Samsung Galaxy S4 smartphone on the 14th of March at a Samsung Unpacked event in New York, and now Samsung and Visa have announced a new deal that will see future Samsung devices, like the Samsung Galaxy S4 come with NFC Visa mobile payments.
Companies that plan to offer mobile payment services will be able to use the Visa Mobile Provisioning service with NFC enabled Samsung devices, and we presume the new Samsung Galaxy S4 will be one of the first devices to use Visa payments from Samsung.
Samsung devices enabled with Visa payment functionality will no doubt be a powerful product offering – especially in markets where paying with a mobile device is becoming commonplace,” said Jim McCarthy, global head of product, Visa Inc. “However, the key to making mobile payments broadly available all over the world is to offer financial institutions a secure way to provision millions of smartphones with payment account information – and that is exactly what Visa and Samsung are ready to deliver.”
“Samsung has been a pioneer in NFC devices and is again leading the way in enabling NFC-based mobile payments. The partnership with Visa represents a step towards a global mobile payment platform,” said Dr. Won-Pyo Hong, President and Head of Media Solution Center, Samsung Electronics. “We believe that we have a strong value proposition for financial institutions that will ultimately allow consumer choice in NFC payments.”
We are expecting the new Samsung Galaxy S4 to be available worldwide in April and we previously heard that the handset is expected to launch in the UK some time between the 15th and 22nd of April.
Source Visa
