Samsung fired back with the announcement of Samsung Pay during the Galaxy S6 launch event. Apple limited the initial rollout to North America, so it will be a while before users around the globe get a chance to pay for their coffee with their iPhone. Let’s start with a quick overview of the most promising mobile payments platforms out there.Īpple Pay hardly needs an introduction at this point, but I should note that it’s still the new kid on the block. However, since we are talking about money, I don’t think anyone expects a shortage of software developers eager to learn a few new tricks and get into this space. Needless to say, with each new opportunity, developers will have to face new challenges. Today, we will be taking a look at the future of mobile payments and emerging opportunities for developers. Apple, Google and Samsung are heavyweights and trendsetters, but that does not mean they are able to force banks, credit card companies, and merchants to play their game. Well, in order to make mobile payments a reality, tech companies have to jump through a number of technological and regulatory hoops, plus, they have to wait for various other industries to get in line, as well. The hardware is ready and software is not far behind, so what’s the hold up? Smartphones have turned into the Swiss Army knife of the tech world, enabling millions of people to take care of countless computing needs on the go, and mobile payments are another frontier.
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