Samsung Pay will launch in Singapore in the second quarter of this year, the company has announced, adding it to South Korea, the US and China on the list of Samsung’s “priority markets”... More
South Korea
Baidu Wallet launches in Thailand
China’s Baidu has launched its Baidu Wallet mobile payment service in Thailand, enabling Chinese tourists to pay for goods and services there with their mobile phone... More
Xiaomi to launch Xiaomi Pay?
Handset maker Xiaomi has filed a patent in Korea for a mobile payment service called Xiaomi Pay, The Korea Herald reports... More
SK Telecom launches hands free mobile payments and rewards
More than 100,000 customers of SK Telecom in Korea have subscribed to T Pay, a hands free mobile payment and rewards service based on Bluetooth Low Energy (BLE) technology that launched earlier this month. More
Samsung Pay launches in China
Samsung Pay has begun rolling out across China, letting consumers make mobile payments with a compatible device “virtually anywhere you can swipe or tap your card” using their China UnionPay debit and credit cards. More
Samsung Pay records net loss of US$16.8m in 2015
Samsung Pay has recorded a net loss of US$16.8m since the mobile payment service was unveiled in March 2015, despite attracting approximately five million users in South Korea and the US in its first six months... More
Samsung Pay to enable deposits at South Korean ATMs
Samsung Pay users in South Korea will soon be able to both deposit and withdraw money from the ATMs of Woori Bank, Shinhan Bank, KB Kookmin Bank, Industrial Bank of Korea and NH Nonghyup Bank... More
Samsung Pay hits 5m users and is set for global expansion in 2016
Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More
Korean banks back Samsung Pay
Korean banks are lining up to support Samsung Pay, including Shinhan Bank, KB Kookmin Bank, NH Nonghyup Bank and Industrial Bank of Korea, Korea Joongang Daily reports. “Currently, Samsung Pay only works with Woori Bank, but the exclusive contract between the two will expire next month, and now, more institutions are seeking to link up with Samsung Pay,” the publication says... More
LG delays launch of LG Pay
LG is to postpone the launch of its LG Pay mobile payments service to the second quarter of this year, the company has told Korea Times... More
Samsung Pay to let South Koreans pay in China and US
Samsung Pay users in South Korea will soon be able to make payments in China and the US using cards issued by South Korean card companies... More
Samsung Pay to go live in Spain with CaixaBank
Customers of Spain’s CaixaBank will be the first in the country to be able to use Samsung Pay, following a partnership between the bank and Samsung that will see the mobile payment service added as an option to CaixaBank’s host card emulation (HCE) based mobile payment app. More
One in six Koreans use mobile to pay in-store and online
One in six South Korean consumers (15.8%) have used a mobile to pay for in-store or online purchases, research by The Bank of Korea shows... More
Samsung Pay heads to Australia, Brazil and Singapore
Samsung is to launch its Samsung Pay mobile payment service in Australia, Brazil and Singapore, the company’s Tim Baxter has announced during a keynote at the CES show in Las Vegas. The service will also be available on the Samsung Gear S2 classic smartwatch from early this year, starting in the US. More
Samsung Pay to launch in China with China UnionPay
Samsung has partnered with China UnionPay to bring its Samsung Pay mobile payments service to China in early 2016. The announcement comes as Apple reveals that it has also partnered with the bank card organisation to bring Apple Pay to Chinese consumers next year. More
White paper gives insight into mobile ticketing deployments in ten markets
A white paper aimed at giving transport operators, transport authorities and ticket distributors greater insight into deploying mobile ticketing technologies and services while both containing costs and improving the passenger experience is now available to download from the NFC World Knowledge Centre. More
Visa certifies Kona’s HCE wallet
PARTNER NEWS: South Korea-based mobile payments specialist Kona has picked up Visa Ready certification for the host card emulation (HCE) mobile wallet component of its Kona Payment platform... More
Samsung Pay set for China, Spain and UK?
Samsung Pay will launch in China, Spain and the UK in the first quarter of 2016, “as per the information that we’ve received,” SamMobile reports... More
Apple Pay faces delays in China
Apple Pay is facing more delays in China and is not expected to launch there until the end of 2016, TechWeb reports... More
LG signs up Korean issuers for mobile payments platform
LG has confirmed it is planning to launch its own mobile payments service as early as next month... More