Samsung has announced that their contactless payment service, Samsung Pay, is now available in Australia. Australia becomes the fourth country that the service has been enabled, joining the ranks of the United States, South Korea and Spain. As you may remember, the service is also coming to Singapore on Friday of this week. While the countries the service is available is limited, Samsung has had a lot of success so far with the service, claiming some 5 million users of Samsung Pay are already registered across the available countries.
“Today’s launch of Samsung Pay offers more than a secure and convenient way for Samsung smartphone owners to pay,” said Prasad Gokhale, Vice President, Mobile Division, Samsung Australia. “It’s the next development for Australians who use their smartphone as the central device to live, organise and enjoy their lives.
“Australia is a market of early technology adopters and by providing a platform open to all partners, ranging from government to financial institutions and retailers, while upholding the highest standards of security and data privacy, Samsung is fueling the transition to a truly digital wallet.”
Users of select Samsung devices in Australia can start using the service today.
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Samsung has announced that starting this coming Thursday, June 16th, customers will be able to use Samsung Pay at a wide range of merchants throughout the country. The announcement means that the contactless payment option from Samsung is now accepted in an ever increasing number of countries as phone-based, contactless purchases continue to gain momentum.
“Since the introduction of Samsung Pay last year, we have seen great momentum and experienced significant consumer adoption. Samsung Pay has redefined the way consumers pay and use their smartphones,” said Thomas Ko, Vice President and Global Co-General Manager of Samsung Pay at Samsung Electronics. “We are excited to bring this service to Singapore consumers and we hope to introduce value-added services to drive and lead innovation in mobile commerce, giving consumers a safer, smarter and better mobile wallet.”
Because of the way Samsung Pay works – leveraging Magnetic Secure Transmission – it can be accepted a significantly larger number of pay terminals than the likes of the NFC secure based Android Pay or Apple Pay. It will even work on non-contactless terminals. It’s a big leg up but, to this point, has only been available on Samsung devices.
Continue reading “Samsung Pay Coming To Singapore June 16th”