Roswell, GA -- (SBWIRE) -- 03/01/2017 -- The well-known Samsung app that allows a smartphone to function as a credit card on-the-go through NFC is increasingly becoming a larger payment alternative to many.
New functionalities are in a process of being added, which will eliminate the need of carrying a wallet around everywhere a person goes. Along with additional services, Samsung Pay will also offer gift card compatibility and loyalty membership benefits.
New features were announced a while back in Las Vegas. One of these features is the location-based system that will be implemented to give information on nearby sellers that have Masterpass compatibility and the expansion to more markets. This functionality will be available not long after the mobile wallet service is launched in the United States with its original functions that allow Samsung Pay users to load their credit, debit and gift cards into their virtual wallet.
Next month, a feature which allows users to view deals in their nearby markets will be available. Users will instantly have access to coupons and discounts and these will be instantly redeemable. Other than that, users will also be able to pay their online purchases with this app.
Other announcements include the inclusion of Malaysia Thailand and Russia for the use of this app by the end of 2016. So far, it would count up to ten countries that are compatible with Samsung Pay since its initial release in South Korea in 2015. More expansions will be announced in 2017.
The last feature includes the adhesion of MasterCard with Samsung Pay, Android Pay, and Microsoft Wallet. These will have access to Masterpass, which allows customers to pay without having to type their credit card numbers with every purchase.
To learn more about Netcom PaySystem payment processing solutions, simply fill out a quick online application at http://www.netcompaysystem.com to get started and a representative will be in contact within 24-48 hours or for faster service please feel free to contact us at 800-875-6680.
Company Name: Netcom PaySystem
Contact Person: Media Relations
Country: United States