Thursday 13 December 2018
Find out more about Samsung Pay and other OEM pay systems in our OEM Pay Availability by Country list.
Google Pay is now live in France, with support for Boon, Boursarama Banque debit and credit cards, Edenred Ticket Restaurant cards, Lydia prepaid Mastercards, N26 Mastercard debit cards and Revolut Mastercards... More
T-Mobile launches mobile banking solution T-Mobile Money, available now on Android and iOS — 9to5Google — “T-Mobile Money hasn’t been officially launched, but was discovered early thanks to its (likely unintended) addition to Google Pay’s list of US banks and credit card companies. Its official website, discovered by Domain Name Wire, went live today and has the full details of the interesting offering.”
Apple, Samsung contactless payment systems to appear in Azerbaijan — Trend News Agency — “Apple Pay and Samsung Pay payment services will appear in Azerbaijan in 2019, head of business development and digital payment department of MasterCard Hakan Tatlici told Trend.”
Swiss watchdog investigates banks over alleged payments system boycott — Reuters — “Switzerland’s competition watchdog has raided the offices of financial companies, including Credit Suisse and UBS, to investigate a suspected boycott of mobile payment solutions such as Apple Pay and Samsung Pay… ‘There is the suspicion that the companies agreed not to make their credit cards available for use with Apple Pay and Samsung Pay, in order to favor the Swiss solution Twint,’ competition commission Weko said.”
Apple Pay makes up 77% of mobile payments among debit card users — Auriemma Consulting Group — “An Auriemma study of debit card issuers shows that Apple Pay makes up 77% of mobile wallet transactions. Samsung Pay and Google Pay, Apple Pay’s main competitors, make up 17% and 6% of transactions, respectively… While Apple Pay has the most market share, Samsung Pay users are the most engaged. In fact, the average Samsung Pay user makes 7.3 transactions each month, compared to 5.5 transactions for Apple Pay and Google Pay users.”
BofA Merrill introduces mobile wallets for business cardholders — Bank of America — “The millions of Bank of America Merrill Lynch cardholders who use our corporate, commercial and purchasing cards in the United States are now able to use Apple Pay, Google Pay and Samsung Pay to make business purchases.”
Samsung Pay begins funds trading service — Yonhap News — “Fund Online Korea Co said Tuesday it launched services for the trading of investment funds via Samsung Pay, the country’s top mobile payment tool. The service allowed users to shop for a variety of funds at the Samsung Pay platform after a simple process of opening accounts, according to the firm. ‘We are aiming at offering an easy, convenient and accessible investment channel,’ said company official Kim Seung-hyun.”
Samsung Pay Vouchers launched in UAE — TradeArabia — “Starting August 29, Samsung Pay users can purchase vouchers offering 50% off in more than 200 locations across the UAE… To redeem Samsung Pay vouchers, just select the voucher in the Samsung Pay app and click ‘Use’. Pass the phone to the cashier to enter the Merchant PIN, which will display the voucher code. Show the code to the retailer and enjoy 50% off in a convenient, one-step process.”
Samsung Pay now available in six continents, accelerating global expansion — Samsung — “Originally launched in South Korea on August 20, 2015, Samsung Pay has experienced significant global growth and is now available in six continents and 24 markets, including the latest market, South Africa… Samsung recently passed more than 1.3bn transactions globally.”
Stay connected no matter where you are with the new Samsung Galaxy Watch — Samsung — “Galaxy Watch brings users all the benefits from the Galaxy ecosystem creating a seamless experience with SmartThings, Samsung Health, Samsung Flow, Samsung Knox, Samsung Pay, Bixby and with partnerships like Spotify and Under Armour.”
One millions taps — Tap to Pay hits a milestone — TransLink — “It’s been two months since we launched Tap to Pay and we are happy to share our customers have embraced this new payment option in a big way. To date, there have been 160,000 unique users who have tapped their contactless credit cards and mobile wallets… Customers can tap card readers with a contactless Visa or Mastercard credit card, or a device with an Apple Pay, Google Pay or Samsung Pay wallet.”
Absa to give clients early access to Samsung Pay — TechCentral — “Absa, in association with Samsung South Africa, will soon be offering its customers early access to Samsung Pay before the service is commercially launched in South Africa,” the bank said. “The partnership with Samsung Pay will give Absa customers even more choice on how they can make payments.”
Chase Pay and Samsung Pay join forces — Samsung — “Chase Pay customers with compatible flagship Samsung Galaxy smartphones now have the option to link Chase Pay to Samsung Pay. This means that customers will now be able to use Samsung Pay’s Magnetic Secure Transmission (MST) technology, along with NFC, to pay with the Chase Pay app at millions of merchants in the United States by simply tapping the payment terminal.”
Samsung stops loading mobile payment tool on budget phones — Yonhap News — “Samsung Electronics Co recently stopped embedding its mobile payment system, Samsung Pay, in budget smartphones, industry watchers said Sunday, apparently to save costs by excluding the feature, which has been less popular among teens and senior users… ‘As it costs roughly 5,000 won (US$4.50) per device to apply Samsung Pay, (the company) is apparently seeking to cut production costs by excluding the feature,’ an industry watcher said.”
Apple Pay accounts for 1 in 2 OEM Pay users globally, reaching 200 million by 2020 — Juniper Research — “The global number of mobile contactless users will exceed 760 million by 2020, up from an estimated 440 million in 2018… The combined market share of Apple, Samsung and Google will reach 60% of global mobile contactless users by 2023, up from an estimated 50% in 2018. Other OEM Pay users, including the likes of Huawei Pay, Xiaomi Pay, Fitbit Pay and Garmin Pay, will exceed 20 million by 2020.”
New survey finds fewer merchants accepting Apple Pay — Kount — “Support is up across the board for near field communication (up from 29% to 37%) and other mobile payments at the physical point-of-sale… Online merchant support for Apple Pay has gone down from 48% to 35%, Google Pay (previously Android Pay), is down from 38% to 25%, support for PayPal increased (from 48% to 64%) while 10% accept AliPay and 10% accept other e-wallets. The share of merchants who accept Samsung Pay, Visa Checkout, MasterPass, and Chase Pay all stayed constant from last year.”
23.4 million US consumers aged 14 and over will use Starbucks’ mobile app to make a purchase at the point of sale at least once every six months this year, research from eMarketer has found... More
Tap to Pay — Translink — “On May 22, our card readers will accept contactless Visa and Mastercard credit cards and Apple Pay, Google Pay, and Samsung Pay. For customers without Compass Cards, this new feature will mean no more ticket line-ups, digging for exact change, or worrying about pre-calculating zones. You can tap a contactless Visa or Mastercard credit card or mobile-payment method on card readers to pay your adult, cash fare. Note: card readers will not accept debit cards.”
“Not just Apple Pay, but the two other major third party contactless wallets, Google Pay (formerly Android Pay) and Samsung Pay, are tracing a slow but definite descent in adoption among smartphone owners”, research conducted by Phoenix Marketing International has found... More
A more holistic mobile shopping experience with Samsung services — Samsung — “In the new Cash Back section of the Samsung Pay app’s home screen, users will find a range of exclusive offers from leading retailers. When they click on the offer they want and complete a purchase through the participating merchant, the user will receive a percentage back on their purchase which they can then spend toward a purchase — anywhere they use Samsung Pay.”
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