The new operating system will have superior functionality and enhanced security compared to Lollipop.
Discover card has joined the league of Visa, MasterCard and American Express credit card in the Apple Pay game. The company will be adding support for Apple's wireless payment system for the iPhone and Apple Watch this fall.
Google Wallet is trying to challenge Apple Pay and it has taken a step further in that direction by partnering with Softcard - a joint venture between Verizon Wireless, AT&T and T-Mobile.
Samsung has acquired the mobile-payment company LoopPay, a move that's clearly aimed to counter Apple Pay. The Boston-based mobile payment tech firm has been acquired for an undisclosed sum.
Google is reportedly working with payment company Square on its own high-tech, credit-card-free system to rival Apple Pay. The system as a result of collaboration is in testing since fall.
Photos show the phone may have a metal shell.
In order to compete with Apple Pay, Samsung is expected to introduce its own mobile payments service, tentatively named Samsung Pay and the feature could debut in Galaxy S6. The Galaxy S6 is scheduled to be showcased at the MWC 2015 to be held in Barcelona, Spain.
Internet search giant Google is in exclusive negotiations with the mobile payments company Softcard, in a bid to challenge Apple Pay, according to various reports. Google might acquire the company for at least $50 million.
Apple is "working hard" to launch Apple Pay in Europe during the first half of 2015. Top banks across the UK are currently negotiating with the Apple to launch the service.
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