Samsung and Visa will distribute NFC-technology

Thu 28 Feb 2013

Samsung Electronics and Visa during the Mobile World Congress in Barcelona reported on the conclusion of an international agreement. The alliance will bring together companies to promote NFC-technology.

Smartphones, released by Samsung in the future, will be equipped with a special chip, which will include payment application Visa payWave. Banks as well as other members of Visa, be able to remotely interact with the chip and make payments.