Samsung Wallet app to challenge Apple Passbook

Samsung announced the new Samsung Wallet app at its annual developer day at Mobile World Congress. Attendees tell us the app will rival Apple’s Passbook, enabling users to securely store and access tickets, boarding passes, payment and loyalty cards and various discounts and coupons. Samsung says it will release the official API in May. In the meantime, a select group of developers were invited to test and create against a beta version of the API.

It is rumored the upcoming Galaxy S IV will come with the new Samsung Wallet pre-installed. And the beat goes on…