Samsung’s new payment service may soon go live. In March when the company unveiled its two new flagship handsets it also announced a new payments service called Samsung Pay, think of it as a rival for the Apple Pay, and it’s certainly meant to be one. However the company itself has not officially revealed when its new service will be launched.
Samsung has started sending out emails to users in order to notify them that the Wallet app will be discontinued next month, it doesn’t provide an explanation for this action in the emails, only saying that Samsung Wallet will be discontinued at the end of next month. However the reason why it’s doing this is pretty clear, it’s making up space for its new payments service.
The company has notified users that coupons clipped in the Samsung Wallet app will not function after June 30th as the service will be discontinued, moreover tickets or reservations stored in the service will only remain accessible from partners’ apps.
Samsung Wallet was meant more as a service for storing membership cards, coupons, boarding passes etc. It teamed up with companies like American Express, Expedia, United Airlines and many others to integrated their services in Wallet.
It seems though that the company wants to dedicate its full attention to making sure that Samsung Pay beats Apple Pay in the market, and perhaps that’s why Samsung Wallet has to bite the dust. Godspeed.
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