The Verge – 8/13/15: Until recently, talking about mobile payments without using words like “confusing” or “mess” meant essentially lying. A confounding mix of banks, carriers, manufacturers, point-of-sale systems, and all the competing interests behind those businesses served to make paying with your phone unreliable. Those problems are finally beginning to fade away thanks to wider adoption and simpler back-end systems, but they’re not gone yet. Even with Apple Pay, Google Wallet, and the soon-to-be-launched Android Pay, consumers can’t be entirely sure that the little NFC icon they see at registers will guarantee that they can tap to pay. Samsung thinks it has a solution for that last problem, though, and predictably enough it’s called “Samsung Pay.”
Click here to read more: http://www.theverge.com/2015/8/13/9146965/samsung-pay-mobile-payment-credit-card-readers-date
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