Samsung Galaxy S4 To Incorporate Visa NFC Payments

By Binu Paul email: b.paul@mobilenapps.com | Feb 27, 2013 08:46 AM EST

Share This Story

  • Print
  • Email

It's just two days since Samsung officially declared March 14 as the release date for Galaxy S4, and there is something new to add to the numerous speculated features that we would see in the most-awaited Samsung smartphone. According to latest reports, Samsung Galaxy S4 will feature Visa's PayWave NFC-based wireless payment application under its new partner program with Visa.

Follow us

Financial institutions considering mobile payment programs will be able to use Visa Mobile Provisioning Service to download payment account information to NFC-enabled Samsung devices, the agreement says. Samsung will incorporate Visa payWave applet onto its mobile devices featuring NFC technology.

The next Samsung flagship smartphone Galaxy S4 will be the primary product for Visa's program, CENT reported citing an unnamed source familiar with the partnership. Samsung will be a partner of the Visa Ready Partner Program which aims to accelerate the approval and licensing of Visa-endorsed payment systems on different devices.

Visa has been working on to build a digital wallet of its own over the last few years and the outcome is the Visa payWave, which will enable the users to pay for goods and services by waving their smartphone at a cash register.

"Samsung devices enabled with Visa payment functionality will no doubt be a powerful product offering - especially in markets where paying with a mobile device is becoming commonplace," said Jim McCarthy, global head of product, Visa, said in a statement. "However, the key to making mobile payments broadly available all over the world is to offer financial institutions a secure way to provision millions of smartphones with payment account information - and that is exactly what Visa and Samsung are ready to deliver."

Apart from Samsung, Visa has inked a partner program deal with mobile commerce hardware provider Roam which would produce equipment that would work with Visa's mobile payment system. Roam products will carry the Visa Ready symbol on them. "Under the partnership, Roam would get application programming interfaces and software development kits that would connect its equipment to Visa payment gateways, allowing small and large merchants to easily process transactions," CNET notes.

While the biggest obstacle right now is the lack of devices that use NFC technology, there are reasons to cheer as a number of smartphones makers including Samsung, HTC, and BlackBerry are incorporating the technology into their devices and many stores including Starbucks and McDonalds support NFC.

Get the Most Popular Mobile&Apps Stories in a Weekly Newsletter

Join Our Conversation

Smartphones
Huawei Honor 6 Plus Huawei Honor 6 Plus will reportedly skip Europe, other Western markets
BlackBerry Classic officially launched at $449, reviving most loved design features
Samsung reportedly looking to launch Apple Pay competitor in 2015
Cheapest 4G Windows Phone 8.1 handset penetrates India – Lumia 638 pre-orders now open
Tablet / Laptop / PC
Dell Venue 7 and Venue 8 Dell unveils Venue 7 and Venue 8 Android 4.3 Jelly Bean tablets
Retina iPad Mini facing delays, may not launch until early next year
Refurbished 128GB iPad with Retina Display now available on the Apple Online Store
Samsung Galaxy Note 10.1 – 2014 Edition: Pricing and availability now official
Gadgets
Amazon Logo Amazon reportedly to launch ‘Firetube’ set-top box before 2013 holidays
Samsung Galaxy Note 3 and Galaxy Gear India launch: Pricing and availability
Samsung Galaxy Gear Android smartwatch now up for pre-order in Canada
Samsung Galaxy Gear 2 reportedly in the works already, may debut at CES or MWC 2014
OS / Software
HTC Logo HTC reportedly considering Android/Windows Phone dual-booting smartphone as Microsoft pushes for deeper Windows mobile integration
iOS 7 Chrome Incognito mode leaks private searches due to bug
Sprint HTC One Android 4.3 Jelly Bean already rolling out, AT&T, T-Mobile & Verizon to follow
Microsoft Windows 8.1 now available for pre-order
Internet / Social Media
Google Downtime Google blacks out for two minutes, causes 40 percent drop in world’s Internet traffic
Xbox Music web player is live and ready for Xbox Music Pass subscribers
Facebook Android app collected phone numbers even if users never logged in
Firefox 22 brings support for web video calls, 3D gaming, and Unreal Engine 3
What's App
Flipboard for Windows Phone Flipboard for Windows Phone finally available, but requires 1GB of RAM (VIDEO)
Vine gets major update, lets you upload previously-shot videos & more (VIDEO)
BlackBerry Messenger (BBM) finally hits Windows Phone – Available as a free download now
Instagram releases Bolt ephemeral messaging app in select markets to challenge Snapchat

Most Popular

Copyright © 2014 Mobile & Apps All rights reserved. mobilenapps
Real Time Analytics