samsung
Samsung has unveiled its latest offerings, a mobile virtual reality headset, two smartphones (Galaxy S6 and Galaxy S6 Edge) and a mobile payment platform, Samsung Pay.

This announcement was made at the Mobile World Congress in Barcelona.

Samsung appears to have ditched the plastic ware and removable battery model, as it has embraced a more sleek exterior design with these latest smartphones.

The Galaxy S6 and S6 Edge have similar specs and both run on the latest Android software, Android 5.0 Lollipop.

The virtual reality headset is the second of its kind to be developed by Samsung. Samsung had initially released a similar VR headset which it developed in collaboration with Oculus. This particular VR headset will only function with the S6 and the S6 Edge.

Samsung Pay is seen as a rival to Google Wallet and Apple Pay. Samsung Pay is based on technology employed by LoopPay, a company recently acquired by Samsung. The payment solution will enable users make contactless payments with their Samsung devices. The Payment platform also supports Mastercards tokenization feature.

At its unveiling, the company noted the constraints of near-field communications (NFC) services which is the means by which Apple Pay functions. Samsung Pay is however said to run on NSF and Magnetic Secure Transition (MST). This therefore indicates that Samsung Pay supports both Pin and Chip cards.

The MST will allow users make payments directly from their Samsung device to older magnetic stripe card terminals like the POS. Users simply need to enter the Samsung Pay app, select the type of card they are paying with, authenticate with their fingerprint and move it close to the payment terminal, voila.

The smartphones are expected to be made available between April and June 2015.

Photo Credit:Cnet.com

Lulu Fadoju Author

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