Samsung Launches Contactless Payment System

Samsung has launched a new contactless payment system that will combine multiple existing digital payment platforms. Using the motto ‚Äúdigital cash for everyone‚ÄĚ, the service, which is called the ‚ÄúContactless Companion Platform‚ÄĚ, users will be able to use any contactless payment devices such as a card, phone or watch, to make a purchase. J√∂rg Suchy from Samsung said that the system enhances ‚Äúthe quality of day-to-day life‚ÄĚ, and ‚Äútakes the payment industry well beyond the many boundaries of what exists today‚ÄĚ.¬†