According to South Korea "Electronic Times" reported on Monday, informed sources said, Samsung Electronics plans to offer mobile payment capabilities in the second half of this year released new smart watch. It reported that Samsung will use near-field communication (NFC) technology to support its NFC smart card watch mobile payment function. Apple Smart Watch supports Apple Pay, the payment function is also based on NFC technology.

Samsung plans to introduce smart wristwatch support NFC mobile payment function

Samsung had previously said it will be the "selected partners" Samsung Pay launched in July this year. But Rhee Injong Samsung executive vice president last week and said it plans to first launch of Samsung Pay in South Korea and the United States in September, followed by expansion to China, Europe and other markets. Samsung Pay support NFC technology. In addition to Samsung Pay, Samsung will release the next generation flagship model of intelligent machines in September.