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Samsung Pay won’t launch on iPhone

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Samsung Pay

Samsung’s hopes of bringing a stripped down version of its Samsung Pay tool to the iPhone have been dashed, after Apple rejected the Korean company’s app.

Samsung Pay Mini, which was first talked up over the summer, is an online–only version of Samsung’s mobile wallet, allowing customers to quickly pay for goods with one tap or click.

Samsung had said it wanted to bring the service to both iOS and Android. However, Apple appears to have scuppered its plans. Apple Pay began working as an online payment tool earlier this year, having already established itself as a debit and credit card alternative in shops which accept contactless payments.

“After Apple rejected registration of Samsung Pay Mini onto its app store, we have decided to focus on Smartphones with Android OS”, a Samsung spokesperson told Korean media.

Samsung Pay has not launched globally, although the service is likely to form a key part of the new Galaxy S8 smartphone, due for release next spring. Unlike Apple Pay, Samsung Pay features technology which can utilise payments on older magnetic strip terminals as well as modern, NFC ones.

A UK launch for the Apple Pay rival is now expected in 2017, after Samsung recently confirmed that it would not make a self–imposed deadline of launching its platform on these shores by the end of the year.

Source ET News

Category: News
Tagged: samsung, apple

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