Technobezz

PayPal To Partner Up With Samsung For NFC Smartwatch Payments. Rumor

Recently in Business Korea, it was reported that Samsung will be partnering up with a leading payment processing services around the globe to follow the footsteps of Apple with their Smartwatch. That leading payment processing services provider is pretty easy to guess, and it is no other than PayPal itself.

PayPal-rumored-to-buddy-up-with-Samsung-for-smartwatch-payments

But the recent Apple Pay launch has left PayPal is somewhat an uncomfortable place. And there can be no denying that it might be because PayPal is keeping all of their eggs in one basket, that is Samsung. Then the famous saying is probably true, that no one should keep all their eggs in one basket to survive in this era.

Pivoting back to our main topic. Samsung will be using PayPal to facilitate easier payments through their smartwatch users, along with the help of some fingerprint technology that will be used to authenticate the transactions.

But keeping that buddying thing aside, we already know that PayPal is not even available in Samsung’s native country.

Also with the recent iCloud hack in which the celebrity nudes were leaked, PayPal took that as a sign of an upper hand against Apple Pay. They made a commercial around it saying that “People want their transactions to be safer than their selfies”. I guess they were trying to prove that their security is better than Apple’s iCloud. Had they not mentioned that in their commercial, they might have a chance to crack a deal with Apple using them as their primary mode of payment.

There is still time to see these changes happen, because Samsung has announced that it will be launching its payment-based smartwatch in 2015. But we expect it to be a blockbusting show, because the Cupertino company, Apple will also be launching its Apple Watch at the same time, and at the same event, that is, the annual Mobile World Congress.

This will be interesting.

More on this topic

Leave a Reply

2 Comments

  1. Mike September 21, 2014
    • Nabil Ansari September 22, 2014
Google PIxel 4A XL
Google Pixel 4a and 4a XL will Have One 4G and One 5G Model; Suggest Internal Code Names
iPhone Se2
Apple iPhone SE2 Being Rumored Again for an Early Launch in 2020
iphone Xs issue
iPhone XS: Have Problems -Common Issues and Solutions
Apple iphone 2020
Apple iPhone SE 2- Confusing Signals Emerge from Japan on this Upcoming Budget Phone
Android Apple Gaming How To Internet iPhone Personal Computers Review Site review The Top Best
How to fix Samsung Galaxy S9 Bluetooth Issues
How to Fix Samsung Galaxy S9 Bluetooth Issues

Samsung is one of the global leaders in the electronics industry...

Best Free Weather Apps For Android With Widgets

The type of the widget that you choose for your Android...

How to Fix Samsung Galaxy S9 SD Card Issues
How to Fix Samsung Galaxy S9 SD Card Issues

The Samsung Galaxy S9 and Galaxy S9+ are the flagship phones...