Samsung is developing a payment system for smart hours

Samsung is developing a payment system for smart hours

Samsung is developing a payment system for smart hours

Samsung has for a long time experiencing some problems with the system fingerprint, as long as it works to improve this component in their smartphones and tablets, as well as trying to understand how to perform user authentication using smart hours Gear. With this purpose, Samsung acquired LoopPay.

The Korean company is trying to compete with the payment system of Apple Pay, based on wireless technology NFC. Development LoopPay allows you to pay for the old payment terminals that work with plastic cards tape. However, the user will need to purchase a special device: Case for the smartphone, say, or keychain. For payment will need to run the app on your smartphone LoopPay, and then bring a smartphone with a cover put on it (or thumb) to the terminal.

Under the new registered patents, Samsung is working on the biosignalnoy system identifier to make payments through the smart watch. The system is designed to authenticate the owner to allow him to make mobile payments directly from a wearable device. This is possible with the help of reading biosignal. The truth is not clear how long the process will take authentication.

Source: Wareable

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