NFC Stories August 14, 2016

GOOG: 783.22

-1.63

One minor inconvenience that plagues Android Pay is that with the wide variety of Android phones comes many different locations for the NFC chip — and thereby some frustrating experiences if you can’t find it. On one device it might be located at the top, another in the center, and another at the bottom. As the Android Pay app continues to show users more about how to use the service, it seems that an upcoming update might help users actually find that NFC chip…

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NFC Stories June 22, 2016

GOOG: 697.46

1.52
After declaring its lack of interest in joining Google‘s new Android Pay system for contactless, phone-based payments, UK bank Barclays announced that it would make up for this by creating a similar service of its own, building on the NFC support for its own Barclaycards already started earlier this year.

And in fact, as of today, the service has quietly gone live

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Everyone can use an Echo Dot: Just $50!

NFC Stories June 2, 2016

GOOG: 730.40

-3.75

Mobile contactless payments are becoming an increasingly important and common feature nowadays, and following Apple‘s and Google‘s push with their respective systems, Samsung too has started to offer its service in Europe, starting with Spain…

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NFC Stories April 22, 2016

GOOG: 718.77

-40.37

Xiaomi announces plans for mobile payment in partnership with China UnionPay

It seems all the big hardware makers these days are looking to launch their own mobile payment solutions. Handset manufacturers like Apple and Samsung have already done so, while LG is working on something. Now it looks like Xiaomi, one of China’s biggest smartphone makers, is set to follow suit.

NFC Stories January 29, 2016

GOOG: 742.95

11.99

‘White Card’ leak suggests LG Pay mobile payment won’t be smartphone based

A report from ETNews in Korea suggests that LG’s mobile payments service will not be smartphone based. At least, not exclusively. A ‘White Card’ has leaked showing a digital credit-card sized device which will be able to store multiple credit/debit cards’ details and enable a user to pay from any account, using just the single LG Pay card. In essence, it’s LG’s version of the Coin card which launched on KickStarter a couple of years back.

NFC Stories September 17, 2015

GOOG: 642.90

6.92

Samsung Pay to “gradually expand” to non-flagship smartphones

One of Samsung’s mobile execs has hinted that the company is planning to expand Samsung Pay to cheaper handsets eventually, according to a report by Korea Herald. Shin Jong-Kyun responded “it will gradually expand” when asked specifically if it would move the payment technology to budget handsets at some point.

At launch, Samsung Pay will only be available on the newest flagship phones. The company opened up its beta program to US consumers a couple of weeks back, and is expected to officially launch the payment service at the end of this month.

Samsung Pay is Sammy’s attempt to compete with the likes of Android Pay and Apple Pay in the mobile contactless payment market. The one thing it has on both those platforms, however, is that you can use it virtually anywhere that has a magnetic card strip readers, rather than being limited to just NFC payments like Google’s and Apple’s systems. Its biggest restriction is handset support. Once it’s officially live, Samsung Pay will only work on the Galaxy Note 5, S6 Edge plus, S6 and S6 Edge. For a company with the product portfolio Samsung has, that’s restrictive to say the least, especially if it wants Samsung Pay to become widely adopted and used frequently.

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