Samsung Pay Will Add More Banks And Support Gift Cards

Samsung Pay is rolling out various features to strengthen the relations between consumers and retailers using the platform.

Samsung Electronics wants to make its mark in the mobile payments sector. The company has entered this market quite late as its arch rival, Apple, is leading the online mobile payment service through Apple Pay. Apple introduced its mobile payment service with the launch of its new iPhone 6 where the company stole a good chunk of market share and took a major leap in the sector. Samsung tried to chase the leader by acquiring Loop Pay a few months ago but it did not prove to be a good competitor.

Hence, the smart phone maker launched Samsung Pay two months ago where, in its own country, it has managed to get 1 million users in a short span of time. And after long, Apple Pay has got some serious competition. The South Korean smart phone maker can spice up this rivalry, in fact, it has already done it. It is believed that the company is all set to announce the biggest advantage of its mobile payment service and it is broad acceptance allowed by Samsung MST. The Samsung MST (Magnetic Secure Transmission) is combined with the NFC.

Hence it can be said that with the combination of NFC and MST, Samsung Pay can reach newer heights and soon can become the most recognized mobile payment system in the world.

According to the Global Co-general Manager and Vice President of Samsung Pay, Thomas Ko, stated the numbers now show it that Samsung Pay is the real deal. "Consumers who have used Samsung Pay are using it repeatedly because it works almost anywhere you can swipe or tap a card," the company added. Thomas Ko is excited to be working with the new partners that will help to make its mobile payment system grow more.

Furthermore, the company has announced to add more bank location to enhance the experience of Samsung Pay. The Samsung Galaxy S6 maker will roll out support for all the cards issued byTD Bank, PNC Bank, Chase, Fifth Third Bank, Key Bank, Silicon Valley Bank, Virginia Credit, Sun Trust, Union, Security Service Federal, and Randolph Brooks Federal Credit Union, Virginia Credit etc.

The South Korean smartphone maker has also planned to introduce gift cards of their favorite stores in order to bolster the relationship between consumers and retailers using the mobile payment platform. Currently, the company is working with four other payment networks which include MasterCard, Discover, American Express and Visa.

Amazon Expands One-Hour Prime Now Delivery Service To More Cities In USA

Amazon one-hour Prime Now delivery service is expanding to more locations in USA with additional products of food and alcohol in the categories.

The multinational e-commerce business has been expanding extensively this year. It has made its Prime Now delivery service available in San Francisco and further plans to expand its services to Palo Alto, Silicon Valley, and San Antonio.

The announcement to do so was made on Thursday about the one-hour delivery service Prime Now. Customers in these cities can now purchase products such toiletries or everyday groceries from the website, and their goods will be delivered at their doorsteps within just an hour. This makes it highly convenient for the locals who live in mountainous areas. 

Prime Now is the fastest delivery facility ever. Customers do not have to go and visit stores but instead purchase items online and receive them in an hour. Amazon Prime Now is a beneficial service for customers because they can also save their fuel. The director of the service, Stephenie Landry, commented at a press release, “Customers love the convenience of one-hour delivery, and we are excited to expand in California, bringing Prime Now to the Bay area.”

The application is now available on Amazon app store for iOS and Android both, but the service costs almost $8 for the one-hour delivery per service. Free delivery will be provided to customers who would wait for two hours. The service will only be available from 8:00AM to 12:00AM all the days of the week. This service was initially launched in 2014 and gained popularity rapidly. It is available In Houston, Austin, and Dallas in Texas as well.

The online retail chain has constructed four points already so that the speed of the service to customers in Texas can be maintained. The services have various different features and it also give a vast variety of products that customers can choose from, there are item categories on smartphones in order to build better relations with its customers and secure the market from the competitors.

The promotion of the Prime feature is going very successfully for the company with the addition of so many locations. The company is also adding a restaurant and alcohol beverages delivery service in its category of good in Prime Now unlike others in the market. This will give a chance to customers for the first time to order alcohol to be served at their doorsteps. The company has already opened this attractive facility in major cities of USA including 17 metropolitan areas, such as LA, and it might go international with this service.

Amazons stock closed at $563.91.