Samsung: A smartwatch with a fingerprint reader and a competitor to Apple Pay? 1

Samsung: A smartwatch with a fingerprint reader and a competitor to Apple Pay?

According to the latest rumors, Samsung is already preparing a competitor to the Apple Watch. Indeed, the Korean would make a smartwatch with a fingerprint reader and a rival Apple Pay system.

Samsung knows how to react quickly to a product launch or competitors’ announcements. Let’s not forget that this is the company that ran six ads that responded to the keynote less than 24 hours after the event.

But beyond the reactions of pure communication, let’s not say troll, the Korean knows how to concretely bounce back in the news, and the latest rumor to date declares it. Samsung still wants to come up with a smartwatch. As we know, if there’s one thing that excites Koreans more than anything else, it’s getting connected watches to market faster than the market has them.

So, despite the very recent presentation of the Gear S at IFA, in theory it should still have a solid lifespan on the market, especially one of the only autonomous clocksSamsung clearly wants to reiterate, and the goal seems pretty obvious, is to eat the apple.

According to Business Week Korea, citing “a senior employee at Samsung Electronics,” the Korean is working on a new smartwatch that includes: fingerprint sensor and payment solution. The fingerprint sensor would therefore likely be present for a security issue, as otherwise the part would look pretty redundant on a connected watch.

samsung smart watch footprint

Samsung and Paypal are said to be working togetherIt would make quite a lot of sense, given that Apple had reserved the NFC chip for the payment system by directly partnering with industry giants like Visa and MasterCard.

That’s why PayPal needs another entry point for mobile payments and with a strong ally like Samsung we can say the service is secure. We get a better understanding of why PayPal made fun of Apple’s security a few days ago, in retrospect it’s very Samsung style.

According to the same source, the payment solution developed by Samsung and Paypal must go head-to-head with 50 countriesThe field is far from being anecdotal. Samsung is reportedly planning to announce its new smartwatch next year during the Mobile World Congress event, where Samsung unveiled the Gear 2 in February.

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Mobile payment will undoubtedly be one of our biggest consumer changes in the coming years, and Samsung does not intend to give way to Apple.