Samsung Smartwatch With Fingerprint ID and Payment Function To Be Announced at MWC 2015

| Updated: Saturday, September 20, 2014, 12:23 [IST]

Samsung has been one of the tech firms which has been proliferating its influence on the wearable market. So far, the South Korean tech giant has launched fitness band-- the Gear Fit, Galaxy Gear, Gear 2, Gear 2 Neo, Gear Live (Android Wear) and Gear S, which is the first independent calling smartwatch.

Samsung Gear S In Pictures

Samsung Smartwatch With Fingerprint ID and Payment Function in Works

But it looks like the maker of the Galaxy Note Edge is not quite satisfied with the range of devices it has, as new reports suggest that the company is planning to take the smartwatch experience to a next level.

According to a report out of Samsung's home country of South Korea, at Mobile World Congress 2015 (in early March) we could see a new wearable that will come with a built-in fingerprint scanner. And in what would be a first for a Samsung device, it may not require a swipe to register your fingerprint.

The news is reportedly confirmed by "a high-ranking official at Samsung Electronics".

Aside from featuring that sensor the unnamed smartwatch is also reportedly said to sport some simple payments functionality. This will be developed by Samsung in partnership with PayPal. The two companies have already teamed up this year to enable making payments with the Galaxy S5's fingerprint sensor, so the new smartwatch venture would be a natural extension of that relationship.

Also, it is said that the device will be available in over 50 countries worldwide.

The new device and its functions are pretty close to what we recently saw at the Apple announcements. Samsung is somewhat following the structure of the Apple Pay service on its upcoming smartwatch.

However, things are not too certain at the moment, but more bytes will keep falling on the webosphere as time flies and gradually, the pieces will fall in place together.

Until then stay tuned to GizBot for more updates!