Samsung has announced that it has signed a deal with Alipay which is the largest online paymet provider in China.
The deal means that Samsung now has a large payment provider in china which has more tha 450 million users.
“We are excited to be working with Alipay to expand Samsung Pay services in China,” said Injong Rhee, EVP and Head of R&D, Software and Services of Mobile Communications Business at Samsung Electronics. “The reception of Samsung Pay since its launch has been extremely positive and the service has already seen tremendous success in terms of availability and adoption by consumers. We ultimately want to make Samsung Pay available to as many consumers as possible around the globe, so that everyone can have the opportunity to enjoy the simplicity, safety and convenience of this mobile payment solution”
Fan Zhiming, President of Payment Business Unit at Ant Financial, said, “Alipay covers the vast majority of online payment use cases. At the same time, it also developed a variety of offline use cases, including restaurants, supermarkets, convenience stores, taxis, hospitals and public services. The technology integration facilitated by this partnership with Samsung Electronics will make the payment process faster and more convenient when users make payments at stores where Alipay is accepted.”
You can find out more details about the deal between Alipay and Samsung Pay over at Samsung’s website at the link below.
Source Samsung
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