Samsung Pay users had the advantage over Apple Pay and Android Pay when it launched last year with a technology enabling mobile payments through virtually any merchant terminal—contactless or not—but that advantage quickly diminished. A combination of Apple’s brand heft and merchants’ need to upgrade their terminals for EMV compliance has resulted in more stores being able to accept any contactless mobile wallet, leaving Samsung in need of a new differentiator. That might have been an app called Samsung Pay Mini, an app that supports payments through non-Samsung phones. Read more: fintechranking.com
