Visa, Samsung in global deal for mobile payments | Bangkok Post: news

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Visa, Samsung in global deal for mobile payments

US credit card giant Visa announced Monday a global alliance with Samsung to let shoppers make payments by waving their smartphones near a special reader.

People walk in front of the Samsung stand at the 2013 Mobile World congress in Barcelona today. US credit card giant Visa has announced a global alliance with Samsung to let shoppers make payments by waving their smartphones near a special reader.

The deal could significantly boost the long-touted use of smartphones to pay for goods worldwide without any physical contact, and without the need either for credit cards or cash, it said.

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