Samsung reportedly working on a smartwatch with fingerprint scanner and payment solution

Lately, Samsung launched the Gear S with a curved display and the device is yet to hit the retail stores across the world. Now, there is information claiming that the South Korean tech giant is already working on an upcoming smartwatch model with a built-in fingerprint scanner. 


According to a report by Business Korea, a higher official at Samsung has revealed that the company is working on a new smartwatch that will come with a fingerprint scanner for security lock and a payment solution. The fingerprint sensor will be for security purposes and it remains unsurprising as many smartphones and tablets have already got this feature.

Samsung is alleged to be looking forward to penetrate the mobile payment space with PayPal and it is expected that this solution will be available in over 50 countries across the world.

As per the sources, this new smartwatch will be going official at the Mobile World Congress 2015 to be held in Barcelona in February next year. At the MWC 2014, Samsung launched the Gear 2 and Gear 2 Neo that were the first smartwatches to be based on Tizen OS.

It makes sense for Samsung to work on implementing a payment system in its future smartwatches as Apple’s Watch acts like a wallet. The device works with Apple Pay and users need not take their credit card out to pay for groceries rather by simply adding the MasterCard, American Express and Visa cards to their wallet using iTunes and proceed with the payments.