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Samsung: Wearables Sales Soared 30 Pct In 2020

PYMNTS

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.

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Mastercard, Samsung Tie-Up Lets Consumers Pay On Demand

PYMNTS

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.

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Samsung Q3 Mobile Sales Decline 12 Percent

PYMNTS

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. But competition and marketing expenses will cut into profits, and mobile revenue declined about 12 percent year over year. trillion won ($21.9

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Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay

Bank Innovation

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

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PFS Cardholders Can Now Make Purchases With Samsung Pay

PYMNTS

Samsung, the South Korean consumer electronics giant, announced Thursday (March 20) a partnership with Prepaid Financial Services (PFS) to launch Samsung Pay for its branded cards. In a press release , Samsung said cardholders on specific programs issued and managed by PFS in the U.K. can now enable Samsung Pay.

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Citi Supports Samsung Pay’s Singapore Launch

PYMNTS

Samsung Electronics Singapore announced on Monday (May 30) that it has entered into a partnership with Citibank Singapore Limited in preparation for its mobile payment service’s upcoming launch in the country. Though that will make just four countries under the Samsung Pay umbrella — along with South Korea, the U.S.

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Why Retailers Are Making mPOS Technology A Top Priority

PYMNTS

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. At the same time, new technologies are coming on the market to serve these merchants. And technology and payments firms are collaborating to bring offerings to market.

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