Samsung’s mobile payment solution, Samsung Pay, is making its way to new markets as the time progresses. The service is currently available in the US, South Korea and China.
The company announced that Samsung Pay will launch in Singapore by the end of the second quarter, making it the first Southeast Asian market to get the service.
Samsung’s EVP and Head of R&D, Software and Services of Mobile Communications Business Injong Rhee said,
We are extremely excited that Singapore is the first market in Southeast Asia to roll out Samsung Pay. Singapore’s connectivity and openness are ideal conditions for our new mobile service to thrive, together with the interest and readiness of consumers here in adopting this new method of payment.
Samsung Pay is an example of how Samsung is always striving to introduce new technologies that help to enhance and improve the quality of lives of consumers, especially as Singapore moves towards becoming a Smart Nation. Our goal has always been to drive and lead innovation that matters, and we are happy to extend this into the mobile commerce space.
The company has partnered with major banks in the region such as DBS/POSB, OCBC Bank, and Standard Chartered. Samsung also said that Singapore residents will be able use the service in supermarkets, convenience and departmental stores, healthcare and beauty outlets, lifestyle, electronics, and furnishing stores.
Source: Android Central