article thumbnail

Samsung Looks To 5G Retail As Revenue Declines

PYMNTS

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. According to CNBC , “this is the second consecutive quarter where the South Korean tech giant’s operating profit more than halved from the same period a year earlier.

Samsung 139
article thumbnail

Samsung SDS Partners On Mobile Payments Solution

PYMNTS

Infosys Finacle, part of EdgeVerve Systems, and Samsung SDS, a subsidiary of Samsung Electronics, announced a new partnership aimed at providing consumers with a frictionless mobile banking/payment solution.

Samsung 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

E la Carte Launches New Payment Terminal That Supports Apple Pay

PYMNTS

The new PrestoPrime EMV Terminal is the successor to E la Carte’s current Presto System, which is operational every day in more than 1,800 restaurants across the United States and accepts contactless payments from Apple Pay , Android Pay and Samsung Pay. It also acts as a QR code reader and camera.

Apple 108
article thumbnail

How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. As PYMNTS reported earlier in December, Verizon and Samsung plan launch U.S. 5G Deployments.

Fintech 211
article thumbnail

How 5G Could Be Rocket Fuel To Retail

PYMNTS

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. Nonetheless, it’s a clear statement that when friction is removed from the user experience, people respond.”.

Retail 199
article thumbnail

Mastercard: Inside The Samsung Pay ‘Super Card’

PYMNTS

The New Samsung Pay Card . One of the most recent developments was this week’s announcement of the Samsung Pay Card powered by Curved and Mastercard technology. One of the most recent developments was this week’s announcement of the Samsung Pay Card powered by Curved and Mastercard technology.

Samsung 238
article thumbnail

Google Hires Former Essential Exec For Home Improvement

PYMNTS

Business Insider noted that Google is going to have to step up its smart home device game if it wants to remain competitive in the coming months, with new devices hitting the shelves from Apple, Microsoft, Samsung and possibly even Facebook. Consumers purchase home devices because they want to add convenience to their lives.

Google 101