Samsung has developed a new way for consumers to pay for entertainment media directly through their TV sets. Called Samsung Pay on TV, it supports major credit cards, debit cards, PayPal as well as other mobile billing options.
After the initial registration set-up, Samsung says payments can be made in three steps: first you choose the product you want to buy, then you click ‘Pay Now’ button and finally enter a four-digit PIN.
Additionally, Samsung mobile device users can easily transfer their Samsung account information and registered payment methods (credit card, debit card, PayPal) to the Samsung Smart TV without additional registration steps.
Samsung teamed up with PayPal to offer a fast payment process, and PayPal users can expect the same level of sophistication when it comes to keeping their financial information secure as they do on a PC or mobile device.
In addition, personal and sensitive information is safeguarded through Samsung’s Secure Keyboard – the world’s first secure virtual keyboard and input mechanism on a TV – when entering credit/debit card information or PayPal password.
It seems laptops are about to catch the biometric fever as PayPal, Intel, Lenovo and Synaptics are collaborating to introduce FIDO-enabled embedded fingerprint solution to PCs.
Mastercard is working with Stripe to expedite the payment process for American sellers on the latter's marketplaces using the instant payouts feature from Stripe.
Lloyds has launched biometric finger print authentication for mobile banking.
Barclaycard has partnered with Case Station, a company that makes personalised phone cases, to embed contactless technology in the latter's smartphone cases.