According to a report from South Korea, Samsung plans to include NFC connectivity in its next-gen smartwatch. The NFC connectivity will be used to support mobile payments, which is the same thing Apple is using on its smartwatch for the Apple Pay service.

Samsung Pay service, which was announced back in March for the US and Korea markets, will be available next month, but only to select partners. The company didn't officially comment on the report. Google has also announced mobile payment, called Android Pay, and unlike Apple, it won't receive any transaction fees from banks.