Money Samsung Pay was just enabled for 1.7 million Australians

14:41  15 june  2017
14:41  15 june  2017 Source:   businessinsider.com.au

Samsung updates its J-series line of budget smartphones

  Samsung updates its J-series line of budget smartphones Samsung has updated its J line of low-cost smartphones to more closely resemble the recently released Galaxy S8. The J5 and J7 both come with HD super AMOLED displays (5.2-inch and 5.5-inch, respectively); 16GB of storage, expandable up to 256GB with a microSD card; quad-core 1.6GHz processors; and 13MP front and rear cameras.

Samsung Pay has brought payment solutions outsourcer Cuscal onto its platform, meaning 38 Australian banks and credit unions have now The 38 organisations cover 1 . 7 million cardholders, according to Samsung , with the deal coming on the first anniversary of the system in Australia .

Samsung Pay has brought payment solutions outsourcer Cuscal onto its platform, meaning 38 Austral The 38 organisations cover 1 . 7 million cardholders, according to Samsung , with the deal coming on the first anniversary of the system in Australia .

  Samsung Pay was just enabled for 1.7 million Australians © Provided by Business Insider Inc

Samsung Pay has brought payment solutions outsourcer Cuscal onto its platform, meaning 38 Australian banks and credit unions have now enabled smartphone and watch payments for their customers.

Cuscal's horde of financial institutions join existing members Westpac, Citibank and American Express on the contactless digital wallet. Their customers can now use Samsung phones and watches to make payments instead of carrying credit or debit cards.

The 38 organisations cover 1.7 million cardholders, according to Samsung, with the deal coming on the first anniversary of the system in Australia.

Samsung to double mobile phone capacity at main Indian factory

  Samsung to double mobile phone capacity at main Indian factory Samsung Electronics plans to double the production capacity for mobile phones and fridges at its main factory in India, expanding in a country where U.S. rival Apple Inc. has started assembling phones. The South Korean company said in a statement on Wednesday it would spend 49 billion rupees ($764 million) over three years to expand the factory on an additional 35 acres at the site on the outskirts of New Delhi. It also makes televisions at the plant.

Coming as Samsung Pay marks its first birthday in Australia , the partnership will see the payment functionality enabled for a combined total of 1 . 7 million cardholders of institutions including Credit Union Australia , Beyond Bank Australia , and Australian Unity.

Richard Fink, Vice President, Mobile Division at Samsung Australia said: “Through Samsung Pay ’s partnership with Cuscal we are providing millions of Australians a convenient and safe payment option.

"Every partner we bring onboard, whether it be a financial institution or retail brand through our Samsung Pay loyalty functionality, brings us a step closer to helping customers replace their wallets with their Samsung smartphone or smartwatch," said Samsung Australia mobile vice president Richard Fink.

Financial institutions covered by Cuscal's deal with Samsung include names like Credit Union Australia (CUA), Beyond Bank, Bank Australia and SCU.

"Our aim is to allow all of our clients to offer their customers the newest and best payment options available, to help them compete with much larger players," said Cuscal product and service general manager Robert Bell.

Galaxy Note 8 reportedly launching in late August

  Galaxy Note 8 reportedly launching in late August Samsung may not rush the release of its high-stakes Note phone, unlike last year's ill-fated Note 7.Samsung has often timed its Note release to the late-August IFA show that takes place each year in Berlin. But last year, the Note 7 arrived in early August, which wouldn't have been a big deal if the plus-size phone hadn't burst into flames and prompted two separate recalls. Speculation was that Samsung rushed to get the Note 7 out far ahead of Apple's iPhone reveal in early September.

Cuscal joins Westpac, Citibank and American Express as Samsung Pay partners, and this new partnership will enable mobile pay for a combined total of 1 . 7 million cardholders. “Through Samsung Pay ’s partnership with Cuscal, we are providing millions of Australians a convenient and safe

Samsung Pay in Australia is gunning for Apple and hopes to take a bigger bite of the Australian market. She said, “Within the first six months of launching in the U.S. and Korea, we had 5 million customers with a 0 million spend.”

"With the addition of Samsung Pay we continue to fulfil this promise to them."

Here is the full list of financial institutions joining Samsung Pay this week:

  • Australian Unity
  • Bank Australia
  • Bank of Sydney
  • Beyond Bank Australia
  • Big Sky Building Society
  • Catalyst Money
  • Central Coast Credit Union
  • Central Murray Credit Union
  • Community First Credit Union
  • Credit Union SA
  • CUA
  • Customs Bank
  • Defence Bank
  • Firefighters Mutual Bank
  • First Option Credit Union
  • Holiday Coast Credit Union
  • Horizon Credit Union
  • Illawarra Credit Union
  • Intech Bank
  • MyState
  • Nexus Mutual
  • Northern Beaches Credit Union
  • P&N Bank
  • People's Choice Credit Union
  • Police Bank
  • QT Mutual Bank
  • Queenslanders Credit Union
  • Reliance Bank
  • SCU
  • Select Encompass Credit Union
  • South West Slopes Credit Union
  • Teachers Mutual Bank
  • The Mac
  • The Rock
  • UniBank
  • Unity Bank
  • WAW Credit Union Co-Operative
  • Woolworths Employees' Credit Union Limited

Wallet-busting Galaxy Note 8 expected to launch in September .
VentureBeat reported today that the upcoming Galaxy Note 8 will be Samsung's most expensive model yet. As previous reports have noted, the Note 8 will have a dual camera setup on the back of the phone and come with 6BG of RAM. It will also, reportedly, come in black, blue and gold shades and have a 6.3-inch Infinity Display. Notably, the latest Note model will have a 3,300 mAh battery, which is a lower capacity than the Note 7's 3,500 mAh version and probably a response to the Note 7's disastrous penchant for exploding.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!