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Mashable's Ulanoff on Samsung vs. Apple on mobile payments

Thursday, August 13, 2015 - 03:44

Mashable's Lance Ulanoff talks about Samsung Pay and how it compares to rivals like Apple Pay, along with the prospects for mobile payments truly going mainstream. Bobbi Rebell reports.

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And sun upping the ante in the mobile payment worth taking at apple and Google here with more Atlanta up from. Actually just came from that big unveil event first let's talk about the payment systems and how does this compare. So Sampson pay everybody seems to call it pay got Andrew pay we've got apple pay sense okay they bought a company called loop. And it uses the probably the most ubiquitous payment technology out there which is the magnetic strip. Meaning that it works virtually everywhere now they announce this actually months ago. But it wasn't available now it's going why it's going live in the US on September 28. And all this means is that you can put the phone near any name in magnetic strip reader and use the fingerprint sensors so it's sort of this. Multiple authentication system and pay. They token i.'s credit cards just the same way as apple does in fact. Beyond the difference between and Pepsi which apple users and the sort of the magnetic strip that Sampson who uses. It's very much the same and it also similar to what obviously android is doing which is coming a little bit later. So how is connected into the landscape is going to be. Simply by who has which phone which system that we use is it that simple. Pretty much because you're not going to have the magnetic support on an iPhone unless we see something in the next couple months from apple so. Yeah I should say that I've talked to a lot of analysts about the sort of the expansion of mobile payments. It's not as big as you think it's still very small pie apple probably has the biggest slice of that pie right now. They sold. Millions of apple watchers which enable of course millions and millions of iPhone six explosives so. They have a head start but. So much wide open space here for mobile payments people are still using their wallets. And credit cards. Is the consumer demand and as we keep hearing that warm press is. To people become more interested they start pushing retailers does it become writers for being here now be ready for that only puts retailers if they have the technology and they really excited about using it. Average consumer's right now are still kind of wary of that they don't entirely understand the security and the technology. Hopefully they'll start to Lynette because an away a lot simpler. Let's talk about the phones they unveiled a couple of films and that ties it all by right because the the note five to brand new galaxy note I've in the galaxy and six plus. I can never get or at six heads plus they these names are crazy. But these are devices one that both basically tablets and this exit plus is designed to compete with the Apple iPhone six plus. They have the Sampson page built and in a lot of other features built and they they're. The materials on them beautiful touch bolt. Feel great they look great interestingly enough the note five. Is smaller than the iPhone six plus that's bigger screen I still get something I want them looking looking glass every time I say that but it's somehow real. One of the really interesting thing is that your life streaming on these devices powered by YouTube so periscope near camp look at people buy these examples they gonna have an already. Which is huge and not forgotten imagine lots yes. For the first time since I'm surprised us we really didn't think we'd see anything now. I'll be it we saw a 62 if that video it was so fast we almost missed it. It looks gorgeous goalie gear to looks pretty got a brand new interface that looks. Like the apple lot but not quite. I'm going to learn more about it like go to Berlin later this month it ain't flat my pleasure thank you passionately that he not happier about it is Reuters.

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Mashable's Ulanoff on Samsung vs. Apple on mobile payments

Thursday, August 13, 2015 - 03:44