Apple and Google are yet to introduce their own mobile payment services in India, and seeing the potential growth in the smartphone market Samsung has first dibs in the country. The company on Monday, March 6 had officially launched its mobile platform service Samsung Pay. The announcement came after the company put out a teaser last month and then allowed users to sign up for early access last week.
Samsung had confirmed that the Early Access registrations for Samsung Pay is open via the company’s official Samsung Pay website. To offer the service to its users, the company has collaborated with Axis, HDFC, ICICI, SBI and Standard Chartered Bank. The credit and debit cards of these banks are supported, however, the payment service for State Bank of India (SBI) is available only with credit cards. Further, the company is also said to be adding support for Citibank soon. Notably, the users can add their PayTM wallet account in the Samsung Pay app as well.
Although reports earlier claimed Samsung to have plans in collaborating with American Express, the company has not shared any detail yet. Samsung’s mobile payment platform is supported with the Galaxy S7, Galaxy S7 Edge, Galaxy Note 5, Galaxy S6 Edge+, Galaxy A5 and Galaxy A7(2016) devices. As of now Samsung Pay can be accessed only by those who have signed up of early access last week. However, the company is expected to expand its mobile payment service to all the users soon.
In another news, the South Korean tech-giant is prepping up for its next flagship launch, the anticipated Galaxy S8 and there have been conflicting details about the date of official release. The reports previously said that Samsung would be releasing Galaxy S8 on April 21. But the professional tipster Evan Blass refuting with the previous reports have now come up with a new information. The tipster via VentureBeat claimed that Samsung has pushed back the release date back a week to April 28.
Sounds like low yields on the 10nm SoCs (SD835/EX8895) powering S8 could be the main reason for the sched change. LG looking smarter today. https://t.co/rsRzut3Oav
— Evan Blass (@evleaks) March 6, 2017
According to him, the low yields with the production of the 10nm Snapdragon 835 and Samsung Exynos 8895 chipsets have set back the company to re-schedule the upcoming flagship’s release date. The new Galaxy S8 series is expected to come with a nearly bezel-less display, 4GB of RAM, 64GB onboard storage, the latest Snapdragon 835 SoC and feature Samsung’s new AI assistant.