Samsung Pay rumoured to launch in China, Spain, and the UK in early 2016
Samsung Pay launched in South Korea and the US earlier this year, and it’s been going great guns, already notching up more than 1 million users in Samsung’s home market. Besides the possibility of becoming available for more brands in the future, it seems that Samsung has its eyes on expanding its mobile payments system to other regions as well.
According to a report by SamMobile, Samsung is planning on launching Samsung Pay in China, Spain and the UK in the first quarter of 2016, which would tie in nicely with the marketing campaign for the upcoming Galaxy S7 and S7 edge handsets.
Currently, only the Note 5, Galaxy S6 edge+, Galaxy S6 edge, and Galaxy S6 smartphones are compatible with Samsung Pay, with the Tizen-powered Gear S2 smartwatch only supporting payments via NFC. Samsung Pay’s main attraction is its ability to work with regular terminals thanks to the payment system’s MST technology which allows it to mimic magnetic card swipes.
Source: SamMobile
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