[2015-11-23] Chase Support for Samsung Pay Brings Competition To Bitcoin

[jdebunt]

Samsung Pay is getting ahead of its competitors thanks to its innovative technology for mobile payments. Now that Chase Bank is supporting Samsung Pay as well, this mobile payment option is far ahead of Android Pay and Apple Pay. Despite this positive news, Bitcoin remains the most versatile mobile payment method available today, although mainstream adoption is still far away.

http://bitcoinist.net/chase-support-samsung-pay-brings-competition-bitcoin/

[tiggytomb]

I am not sure the author is correct in that no banks are getting behind the other payment systems, I have seen Apple pay receiving a lot of media support from the like of Lloyds in some tv advertising, I assume the author means financial backing?

Bitcoin is easily the best method but trying to get people to see that seems to be proving a bit of a problem.

[RodeoX]

It's nice to see the mobile payments space all disrupted. In the end all these systems need to turn a profit. Which is why they are not really able to compete with bitcoin.

[Carlton Banks]

I am not sure the author is correct in that no banks are getting behind the other payment systems, I have seen Apple pay receiving a lot of media support from the like of Lloyds in some tv advertising, I assume the author means financial backing?

I wonder how much money Samsung would be willing to pay if they had commissioned such an article full of erroneous statements? (erroneous in a way that favours their product...)