Samsung is expanding the reach of its mobile-payment service, Samsung Pay, by releasing it in the Middle East and Northern Europe. In the Middle East it has been launched in UAE while Sweden has become the first Nordic country to get it. Samsung Pay is a mobile payment service which uses NFC for wireless payment.
Samsung has launched Samsung Pay in the United Arab Emirates this week itself. In the UAE, which is the first region in the Middle East to get the service, Samsung has collaborated with nine banks, including ADCB, Emirates NBD, HSBC, Mashreq, NBAD, RAKBANK, and Standard Chartered for Samsung Pay.
In Northern Europe, Samsung has introduced Samsung Pay service in Sweden in cooperation with seven local banks including Eurocard and Nordea. There’s also early access for Samsung Pay in Hong Kong and Switzerland.
Read: Samsung may bring Fingerprint scanner and Samsung Pay to the upcoming Galaxy J phones
In February this year, Samsung released Samsung Pay service in Malaysia and Thailand. Samsung Pay is now available in 16 markets around the world including the United States, China, Spain, Australia, Singapore, Brazil and India and with the introduction of Samsung Pay Mini app which is to run on lower end devices, the company aims to emerge as the sole champion in the business.
Source: Samsung
Really want this feature to come to India with India moving towards digital payments and all this would really come in handy.
Implementing this on a grass root level in a place like india will be a challenge but the doors should be open for Samsung none the less since the current govt is pushing cashless economy and digital india a lot. Samsung can tap into that and collaborate with the government to implement this because it will need all the help it can get. There are thousands of millions of small retailers and outlets and most of them are still adapting to accept payments with credit and debit cards.
I read this post by an American woman who was asking for advice upon losing her phone and she was worried because she said her phone was essentially her wallet. She explained how she uses her phone to pay for everything from the bus fare to her gym to everything else. What surprised me was that, that was possible there. Every place from the local bus to a small grocery shop accepted mobile payments, let alone cards. For Samsung pay to be truly a success, places needs to achieve that kevel of technological adapting.
Slowly but surely that would be possibe in India too as already in metropolitans many shops seem to be adapting to PayTM and FreeCharge as payments but as you said the shops need to be technologicaly advanced for that and might take a while
wow!! world wide roll-out of Samsung Pay, that’s great!! they just launched it in India a month ago and people seems to enjoy it very much, samsung pay will sure become a main source of online payment one day!!
Really want this feature to come to India with India moving towards digital payments and all this would really come in handy.
Implementing this on a grass root level in a place like india will be a challenge but the doors should be open for Samsung none the less since the current govt is pushing cashless economy and digital india a lot. Samsung can tap into that and collaborate with the government to implement this because it will need all the help it can get. There are thousands of millions of small retailers and outlets and most of them are still adapting to accept payments with credit and debit cards.
I read this post by an American woman who was asking for advice upon losing her phone and she was worried because she said her phone was essentially her wallet. She explained how she uses her phone to pay for everything from the bus fare to her gym to everything else. What surprised me was that, that was possible there. Every place from the local bus to a small grocery shop accepted mobile payments, let alone cards. For Samsung pay to be truly a success, places needs to achieve that kevel of technological adapting.
Slowly but surely that would be possibe in India too as already in metropolitans many shops seem to be adapting to PayTM and FreeCharge as payments but as you said the shops need to be technologicaly advanced for that and might take a while
wow!! world wide roll-out of Samsung Pay, that’s great!! they just launched it in India a month ago and people seems to enjoy it very much, samsung pay will sure become a main source of online payment one day!!