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Samsung begins beta testing of mobile payment service Samsung Pay

 
Samsung has launched a short beta program in order to test of its new mobile payment service Samsung Pay. The services is due to be launched in the companies home market of Korea following a rapid 36 day trial period.
The Beta tester recruitment process has almost completed by Samsung Card, cut off date is for July 10, then the real testing begins from July 15 to August 20. Any Beta testers spending more than 50,000 won through the payment solution will be entitled to 10,000 points.
The Samsung Pay solution will be available in September and boasts the ability to support virtually all forms of payment, which includes – Near Field Communication (NFC), Magnetic Secure Transmission (MST) and barcode technologies – which reaches far more point-of-sale devices than those of its rivals. Samsung Pay will be coming to the US where the fight with Apple Pay will commence.
 

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