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Technology Stocks : Apple Inc.

AAPL 270.37

-0.4%

Oct 31 9:30 AM EST

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From: Moonray	2/28/2014 3:01:32 PM
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Samsung and PayPal Are About to Show Apple How It's Done Samsung (NASDAQOTH: SSNLF ) unveiled its upcoming flagship Google (NASDAQ: GOOG ) Android- based smartphone, the Galaxy S5, earlier this week at the Mobile World Congress in Barcelona. The new device has a few small upgrades from its predecessor, most notably a fingerprint scanner supplied by Synaptics. Despite obviously following Apple's (NASDAQ: AAPL ) lead, by placing the scanner in the home button like the iPhone 5s, Samsung was able to do something Apple has yet to accomplish. It's partnering with eBay's (NASDAQ: EBAY ) PayPal to let users pay for items online and in stores password-free. The FIDO Alliance It's time for Apple to get in the game A dominant player has yet to emerge in mobile payments. The release of the S5 may give more credence to PayPal, or even Google, as the go-to mobile payments solution for consumers. The market is expanding rapidly, and Forrester Research expects $90 billion of mobile payments in 2017, a 48% annual growth rate. The market is there. The technology is there. Apple ought to roll out a payments solution soon, before Samsung and PayPal show it how it's done. More at: fool.com o~~~ O

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