Samsung SDS, the technology subsidiary of Samsung Group, has signed an agreement with telecommunications firm Syniverse to develop a wallet-agnostic mobile payments platform designed to facilitate cross-region mobile transactions for businesses. In an announcement at the 2020 International CES conference in Las Vegas, the companies said the platform would help mobile operators, as well as enterprises in logistics, financial, travel and hospitality, media and retail markets. Samsung SDS: Today the cost to consumers and merchants is too high The agreement combines Samsung SDS’s ‘Nexledger Universal’ platform, which is essentially a blockchain-powered application programming interface (API), with two of Syniverse’s products:…
Samsung and Syniverse develop wallet-agnostic payments platform