Samsung phones will soon function as payment terminals for retail stores worldwide

Samsung has big ambitions when it comes to mobile phone-based payments. After successfully launching the Samsung Pay digital wallet app in 2015 and continually improving it with new features like Samsung Pay Cash and Money Transfer, it now has its sight set on the mobile point of sale (mPOS) market with its new "Samsung Point of Sale" system — or Samsung POS, for short.

To begin using Samsung POS to accept mobile payments, merchants will go to either the Galaxy Store or Play Store to install the Samsung POS app (called Samsung Pay Touch in the URL).

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Samsung phones will soon function as payment terminals for retail stores worldwide was written by the awesome team at Android Police.

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