After launching in Korea and the US last year, Samsung Pay is soon to arrive in the UK and Spain supported by both NFC and MST technology for compatible handsets.
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Google is reportedly in talks with payment service Softcard to acquire the company with the intention of boosting its own Wallet service to compete better against Apple Pay and Samsung.
Samsung has acquired LoopPay, a mobile payments company and the largest competitor to Apple's ApplePay. The acquisition could make LoopPay the largest Android-based mobile payment system.
Samsung is reportedly in talks with the mobile wallet company, LoopPay, to launch its own payment system in the first half of 2015 to take on Google Wallet and Apple Pay.