A report in the Korean media suggests that Samsung is preparing to launch a new payment system alongside the Galaxy S6. Samsung has lured in Visa as one of its main partners for the new payment system.
The Apple Pay competitor is going to be based on the LoopPay technology, which enables customers to pay at sale terminals by touching LoopPay-enabled cards. However, Samsung's way of paying with utilize the new Galaxy S6 fingerprint sensor. According to the latest round of rumors, the company's upcoming flagship will sport a non-swipe fingerprint sensor.
The sensor will still offer the extensive TouchWiz functionality, including Private mode, Pay with PayPal, as well as signing into Samsung Account and supported websites.
Furthermore, LoopPay is said to be preparing touch-enabled payment cases for the Galaxy S5 and Galaxy Note 4 as part of the Samsung deal. We'll know more about Samsung's new payment system on March 1, when the Galaxy Unpacked event is taking place.