April 20, 2016Blog Posts

Samsung Pay pushes into SouthEast Asia with Singapore launch

Finextra

Samsung Pay is to launch in Singapore as early as Q2 2016, with support from major banks such as DBS/POSB, OCBC Bank and Standard Chartered. Singapore will join South Korea, US and China in the list of Samsung’s priority markets for roll out of the mobile payment service. The tech giant says the service will cater to a positive demand in Singapore where 71% of 400 Samsung users interviewed in February indicated interest in using Samsung Pay once it becomes available.

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