Oops. A Samsung executive recently might have slip when consumers can expect the anticipated Galaxy Note 5.

Samsung Executive Vice President Rhee In Jong mentioned that a new payment service, Samsung Pay, would debut in September instead of July on the company's next high-end handset during an investor's call Thursday. Most agree Rhee is referring the Galaxy Note 5.

"The new service will likely be deployed on its next Galaxy Note device," said Claire Kim, a Seoul-based analyst at Daishin Securities Co., in a Bloomberg article. "The key is how fast Samsung will be able to expand the service to lower-end devices."

The decision makes sense. Pair up the launch of a new service with the release of a shiny new device. Not only does this have a proven track record of attracting new customers, it also gives companies a chance to demonstrate the advantages of the new service they are beginning to offer at the often glitzy smartphone launch events.

The news, however, isn't much of a surprise. Samsung typically unveils the new Galaxy Note model for the year just before the IFA electronics show kicks off in Berlin at the very beginning of September. The phablet then proceeds to release internationally over the coming months, usually hitting the United States sometime around October or November.

Some previous reports hinted that Samsung might decide to release the Galaxy Note 5 earlier this year, although the company has since denied the claims.

Samsung's Galaxy Note series is known for becoming the first popular large-screen smartphone. Initially scoffed at for being too big back in 2011 (the first Galaxy Note had a 5.3-inch display), the Galaxy Note proved to be a hit with consumers, spawning three successors since and a new category of mobile devices, the phablet. Many flagship smartphones nowadays sport screens of 5 inches or larger.

The Galaxy Note series is vital to Samsung interests as the company's market share in smartphone sales dwindles in comparison to an Apple resurgence. The once-popular brand has come under scrutiny in recent years for sticking to cheaper plastic bodies as well as a clunky interface and no real fresh concepts in years. The Galaxy Note series helps offset the criticisms of the Galaxy S series with its unqiue offerings such as the stylus. Samsung Pay is also expected to help the company against Apple and Google payment services.

As usual this early in the development cycle (Samsung is also known to tweak its designs relentlessly), there are no concrete details on what exactly the Galaxy Note 5 will feature.

For more stories like this, follow us on Twitter!