Samsung Pay is aiming to grasp “the largest share” of the Taiwan market following approval from the Financial Supervisory Commission (FSC) to enter the country, along with Apple Pay and Android Pay. “Several banks that work with the three mobile payment brands are testing their systems and seek approval from the FSC before the Samsung services kick off in the local market,” China Post reports. Samsung Pay’s Thomas Ko spoke to NFC World about the mobile payment service’s expansion plans at Money20/20 last month.
- Garmin Pay expands to three new smartwatches
- Barclays files blockchain funds transfer and KYC patents
- More than half a billion Chinese consumers now use mobile payments
- Mastercard patent proposes combining blockchain with existing payments systems
- Shoppers prefer Apple Pay over Walmart Pay