Samsung presentations always include a litany of buzzwords and redundant features, some of which are meaningless or borrowed directly from Google and Android, while others point to bigger aspirations. Today's announcement for the Galaxy S6 and S6 Edge introduced a new feature called Samsung Pay, a direct competitor to Google Wallet and Apple Pay. Even though this is just one more product that attempts to have consumers replace their credit cards with a phone, it carries a distinct advantage over NFC-based alternatives: it also works with traditional credit card readers.

Read More