Samsung beat Apple to the punch with its Unpacked event held Thursday. At the event, Samsung announced two updated smartphones with large screens, the Galaxy Note 5 and the Galaxy S6 Edge+ as well as Samsung Pay, CNET reports.

The Galaxy Note 5 and the Galaxy S6 Edge+ were both announced Thursday. The two smartphones with large 5.7-inch screens will go on sale Aug. 21, but can be preordered Thursday afternoon.

Both the Galaxy Note 5 and the Galaxy S6 Edge+ have 5.7-inch screen and use metal and glass designs, unlike previous Samsung devices that used plastic. The big difference between the two phones is the Galaxy S6 Edge+'s curved edges.

"Bigger screens are great for moving between emails and important files and scrolling through photos and social media or watching a movie," said JK Shin, the CEO of Samsung's mobile business, at a presentation in New York. "We are still betting big." 

Samsung has tried to be unique by releasing these smartphones with bigger screens, also called phablets. However, other companies like Apple have followed with their own big-screened smartphones. Apple's iPhone 6 and iPhone 6 Plus were extremely popular and caused Samsung to lose some smartphone market share.

The Galaxy Note 5 and Galaxy S6 Edge+ will both run Android 5.1 Lollipop. Samsung will load the two smartphones with their own Exynos 7420 eight-core processor. The phones will also feature fast charging and wireless charging capabilities.

Near Field Communications (NFC) will be built into the two new smartphones which will allow them to utilize the upcoming Samsung Pay. Samsung Pay was also announced at the event and it will compete directly with Apple Pay and other mobile payment services. Samsung Pay will debut in Korea Aug. 20 and in the U.S. on Sept. 28.

"With the launches of these exciting new smartphones, we will open a new era of mobile payment," Shin said. "It is easy, safe, and most importantly, available virtually anywhere you can swipe a card." 

According to The Verge, Samsung says that Samsung Pay will work at almost any credit card terminal and will work slightly different than Apple Pay.