Since launching in 2014, Apple Pay has become one of the market’s leading contactless payment options, with support for hundreds of banks and retailers around the world. If there’s one service that stands to threaten Apple Pay’s dominance, it’s Samsung Pay, a superior alternative that supports older payment terminals without NFC.
It’s no surprise to hear, then, that Apple has rejected Samsung Pay from invading the iOS App Store.
According to a Samsung spokesperson, via ETNews, the Korean company has no future plans to bring its payment service to Apple devices.
“After Apple rejected registration of Samsung Pay Mini onto its App Store, we have decided to focus on smartphones with Android OS,” the Samsung representative said.
It’s important to note the distinction between Samsung Pay and Samsung Pay Mini. The version Samsung tried bringing to iOS users would have allowed users to take advantage of the service online, not in retail stores. Only Samsung users would have access to Samsung Pay’s best features.
Competition to blame
Apple Pay also allows users to easily pay for products when shopping online, so it was probably denied for competition reasons. Indeed, the report suggests that very possibility .Apple allegedly rejected the service as a way to keep Samsung Pay “in check,” according to a quote in the ETNews report.
Samsung Pay Mini will reportedly launch in January as a way for Samsung Pay users to purchase goods online.