Samsung recently invited people in the US to trial a beta version of its payment system that’s due to launch late next month and Gemalto and Samsung are actively working with payment issuers to roll out Samsung Pay to Europe.
Samsung will see Gemalto’s Allynis TSH as a one-stop connection that would provide an accelerated path to launch mobile payment services by integrating streamlined user enrollment, and offering service installation and lifecycle management of payment credentials or tokenization services.
Samsung Pay on the new Galaxy handsets will have an embedded secure element for storing sensitive credentials, whilst the Allynis TSH ensures that payment issuers can benefit from the flexibility for future roadmaps.
“We are excited to work with Gemalto as they offer Gemalto’s hub services worldwide that offer a secure payment card digitization solution to Samsung Pay,” said Injong Rhee, EVP of Samsung Electronics, global head of B2B Solutions.
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.
Chase, the US consumer and commercial banking business of JPMorgan Chase & Co, has signed a multiyear agreement with Best Buy, that will see the electronics retailer accept Chase Pay in its stores, on BestBuy.com and in the Best Buy app.
Barclaycard has partnered with Case Station, a company that makes personalised phone cases, to embed contactless technology in the latter's smartphone cases.