Verizon Communications Inc (NYSE: VZ) is set to get a software update that will allow users having the latests Galaxy models to support Samsung Pay.
Experts say that, although the service has been available in the U.S. for several weeks now, Verizon usually takes time to upgrade a device to get a new service like this.
Although there hasn’t been an official announcement made by the Korean company, the information leaked through a snapshot of an internal memo of Samsung. Nevertheless, several journalists and experts ratified the information, as they received the update earlier.
The models supporting the update are: Samsung Galaxy S6, S6 Edge, S6 Edge +, or Note 5. Until now, the service is only available for users of AT&T, Sprint, T-Mobile and US Cellular, using American Express, MasterCard or Visa credit cards issued through banks like Bank of America, Citi or the US Bank.
Also, the update from Verizon includes the patch to the Stagefright Android vulnerability, that allowed hackers to access your phone by sending an MMS.
A mobile wallet
The mobile payment service is available in the U.S. since September. Samsung Pay allows you to buy goods in most places that accept cards —or have NFC terminals (Near Field Communication). This represents an advantage compared to its competitors, as Apple Pay or Android Pay only work at NFC terminals.
However, you can’t use Samsung Pay at terminals where you have to dip your card in, like subways, gas stations and ATMs – at least for the moment. So, although you are able to use your phone to concrete several operations, the ‘wallet revolution’ isn’t quite here yet.
Source: Engadget