Samsung can make a quick profit by supporting NFC-payments in Galaxy S4

Wed 20 Mar 2013

The newly introduced smartphone Samsung Galaxy S4 supports NFC-technology. However, the situation is even more serious, because Galaxy S4 is the first phone with Visa payWave feature built into the core. Usually, the payment information is stored on the SIM-card. This means that a mobile operator can always get a small part of the commission for each completed payment transaction. But now Samsung has built technology Visa payWave in the smartphone Galaxy S4, beating SIM-card and the mobile operator, which means the company will receive all profit.