This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. By early 2019, Samsung Pay’s international presence grew to six global regions.
It’s similar in those segments of the merchant/retailer community that were slower to adopt contactless payments and also digital payments, where circumstances have really forced the acceleration of their adoption as well.”. The New Samsung Pay Card . But the Samsung Pay Card powered by Curve works differently.
Samsung Electronics ‘ new Galaxy A71 5G smartphone hit U.S. retail channels today (June 19) at a price considerably below most 5G handsets. Without a trade-in, the phone is priced at $599 at AT&T (for pre-order), T-Mobile, Sprint and Samsung’s retail website.
Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report , thanks to retail sales of its mid-level models. Samsung’s earnings provide a glimpse into the intersection of retail and mobile. can now accept Samsung Pay for in-app payments. Profit Problems.
12), as Samsung has unveiled its Galaxy XCover Pro, an enterprise-grade smartphone that comes pre-installed with Visa’s Tap to Phone app. The partnership with Samsung is the first time the Tap to Phone software has been integrated into a device. Optimizing the Digital Transformation of Retail .
Brick-and-mortar retail has spent the last decade building bridges to the digital world so a new generation of digital consumers can move fluidly between them. Sang Ahn, VP and general manager of Samsung Pay U.S. Samsung Pay Inc. Sang Ahn, VP and general manager of Samsung Pay U.S. Samsung Pay Inc.
Verizon and Microsoft have teamed up to accelerate the delivery of private 5G networks for businesses, announcing a collaboration they said will transform the retail, transportation, logistics, manufacturing and healthcare industries. Samsung’s View. billion telecom equipment contract that Samsung signed with Verizon.
Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). Mastercard Labs created the platform, which will be rolled out to the Samsung Knox team in the Middle East and Africa early this year.
Two years ago, when Samsung Pay entered the mobile payments scene, it did what Apple and Android a year before it had not: It made mobile payment capabilities at the physical point of sale (POS) more or less ubiquitous right out of the gate. That’s where Ahn said Samsung Pay’s more than 1,500 U.S. s VP and GM for the U.S.
The acquisition follows Apple’s pattern of buying startups to assimilate new technology into its own products. In 2014, Apple incorporated Apple Pay into its iPhone, allowing payment with just a tap in retail stores using the phones, and last year, the tech giant launched its Apple Card, a credit card.
Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”. Samsung will face strong competition from Apple.
The race to 5G retail is on. The new, faster mobile network technology is a big part of the plans for many commerce and payments operators, even though specific use cases have been only slowly emerging as the technology and the devices to support it are deployed. 5G Retail Plans. That’s not to count out the U.S.
However, AR is now rewriting the rules of the retail game. A growing number of retailers are leveraging the technology to entice customers with a “try before you buy” shopping experience, having already been adopted by several big names in retail, including the likes of Walmart and Target.
Artificial intelligence (AI) and machine learning (ML) are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. To learn more about how businesses are leveraging AI and ML technology to optimize their customer experience, click here to download the report.
In a potential challenge to Apple at brick-and-mortar retail, Samsung Electronics is looking to move beyond pop-up shops with its own full-scale U.S. And they will be able to have repairs on a walk-in basis for mobile technology as well as customer support — service offerings similar to those at the brick-and-mortar locations of Apple.
Today’s connected universe has seen its fair share of innovative technologies to help make consumers’ lives easier. Behind the scenes, however, businesses have been slow on the uptake to adopt and integrate new technologies into their businesses. The latest company to join the chatbot game from a retail standpoint is Samsung.
PREMIUM - When was the last time you went to your bank branch to deposit money? Still thinking? That's because most of the daily banking activity has shifted from branches to the smartphone. But that's not to say people don’t use bank branches at all. They do, but not for the same reasons as they […].
It’s no secret that mobile wallets, although well-intended, haven’t gained much traction among consumers. In fact, a recent Accenture study suggests that 56% of North American consumers are aware of mobile payment services, but only 19% use their mobile wallet regularly.
Samsung has introduced three new smart home items that are low-cost entrants into the space, according to a report. The telecommunications and technology company, which acquired SmartThings in 2014, has released a SmartThings Cam and WiFi Smart Plug, which don’t require a separate smart home hub.
Verizon and Samsung announced on Monday (Dec. The move would essentially beat Apple to the market with smartphones featuring 5G technology, because reports say that Apple is going to wait until 2020 to release the first iPhones featuring the tech. 3) that they would launch U.S. 5G phones in the first half of 2019, according to Reuters.
Samsung Electronics smartphone sales will increase in the holiday shopping season, with the general trend lasting into 2019, the company said when announcing its Q3 results. AI-based automation will enable Samsung to introduce new services in the 5G era, such as industrial Internet of Things (IoT) and connected cars.
In addition, enhanced solutions — including new security features, wireless communication technology, the need for paperless receipts and prevention of fraudulent transactions — will continue to make the terminals a popular choice for merchants and their customer base.
As retail shifts further into online spaces, the pressure is on for traditional stores to integrate digital features into their physical spaces to keep consumers interested. Samsung’s booth at the NRF Big Show 2017 showcases a retail journey from beginning to end using the company’s innovations.
Samsung on Wednesday (Feb. According to Samsung , the “Galaxy Fold opens smoothly and naturally, like a book, and closes flat and compact with a satisfying click.” Last year in California, Samsung gave a first look at its foldable phone , which has a screen similar to a small tablet. starts at $1,980.”
Samsung took a major step toward boosting support for its mobile payments platform with a string of new partnerships with leading POS makers to improve compatibility and acceptance of its technology. Unlike its competitors, Samsung Pay employs both NFC and MST. This has enabled Samsung to capture wider merchant acceptance.
With a high-end product that is said to fold inward like a classic flip phone, Samsung Electronics Co. reportedly left reviewers not impressed with FlexPai, while Huawei Technologies Co. At the same time, Samsung reportedly had a design defect that made it push back the release of the Galaxy Fold. Royole Corp.
Samsung has announced a final deal that will make China’s most popular mobile payments platform — the Alibaba-backed Alipay — available to Samsung users through Samsung Pay. Samsung Pay can also process Alipay’s QR codes.
Samsung is now providing the possibility for this with its upcoming invite-only event at New York’s Fashion Week. At this event, Samsung will be incorporating virtual reality (VR) into the fashion show experience to give attendees a more immersive experience.
In an Academy Awards TV advertisement that hinted at the features of the new device, Samsung unveiled its new foldable phone. In other news, a myriad of videos, screenshots and images of Samsung’s Galaxy Home Mini have made its way to the internet, according to The Verge. 12, which is one day after the rollout of the Galaxy S20.
Apple Pay’s competition in China just got a bit steeper, as Samsung has officially rolled out Samsung Pay in the region. Samsung announced the launch of its mobile payments service that is now available through a deal with China UnionPay — the same method Apple used to bring its mobile payments option into market.
With a unique customer experience becoming ever more important in retail, virtual reality could play a significant part in those efforts. That’s the case made in a recent story from Forbes , which examines the growing trend of virtual reality (VR) in retail applications, paying particular focus to a number of Samsung’s offerings.
Samsung said on Tuesday (Sept. 27) that its one anniversary of Samsung Pay in the United States has brought some new features to the payments platform. The coupons, linked to a membership account, are automatically applied upon checkout using Samsung Pay. formerly Coupons.com), which has a platform for digital promotions.
And this isn’t a small or niche subset of consumers – according to the latest edition of the Digital Consumer Report , a PYMNTS/ Samsung Pay collaboration, 58 percent of consumers reported engaging in contextual commerce. If you asked them, however, they’d probably just say they were shopping, and the word “contextual” would never come up.
While expectations are that it will have a curved screen, a significantly larger display and a slimmed-down look, a new report from Bloomberg revealed the Galaxy S8 will also have built in facial recognition technology to enable payments via the mobile phone. Samsung isn’t the only one interested in facial technology.
Samsung is doubling down on home appliance innovations. Samsung Electronics America (SEA) recently announced the availability of its new laundry pair, FlexWash and FlexDry, that allow owners to wash or dry in multiple ways at once. The laundry pair is IoT-enabled, Samsung said.
Samsung Electronics , the South Korean consumer electronics company, is expanding in India, opening on Tuesday (Sept. According to a report in Reuters , citing Samsung Electronics, the 33,000-square-foot store is located in the southern tech hub of Bengaluru. 11) its largest mobile store in the world.
So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. And six in 10 shoppers said it factored into their decision of where to transact, Retail Dive reported.
As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. Bottomline Rolls Out Open Banking Service. ’s Faster Payments real-time payments system.
At its developer conference, Samsung provided a sneak peek at a concept for a new foldable smartphone that has a vertical fold, similar to that of an old flip phone, instead of a horizontal fold like its recently released Galaxy Fold device. According to the outlet, it is not clear if Samsung intends to commercially roll out the device.
In the connected age, consumers have more ways to interact with retailers than ever before. The executive also said the retailer saw an “1,000 percent increase” in purchases of pizza slices made through the SmartPay service since January 1. And if a customer uses Samsung Pay to buy those offers.
It’s what’s turned the retail word upside down as consumers with their mobile devices have decided they’d rather buy from their couch with their mobile phone than schlep to the mall. In other words, kick the door wide open to remote retail. Meeting the consumer where they are. That’s the mantra of innovators everywhere.
For shoppers who rely on smartphones, the “face” of the modern retailer is becoming its mobile website and app. Retailers from Kroger to Starbucks , as well as Shell , Dollar General and Macy’s , are rolling out their own mobile apps with smartphone-based payment options to meet the needs of the connected consumer.
The Retail Robots Are Coming … Maybe. Among a slew of other announcements at CES, Samsung snuck in some rather interesting robot-related news : The firm has developed three new consumer and retail robots, as well as a wearable exoskeleton. It also features an emergency system that will dial 911 if a user falls.
Sizzle Of The Week: AR/VR’s Retail Gains. Augmented reality (AR) and virtual reality (VR) have spent much of 2018 generating buzz as a potential tool for retailers looking to bridge the digital/physical gap and deliver an all-encompassing, omnichannel shopping experience. AR/VR technology itself is not all that new.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content