Samsung will launch its mobile payment platform in Singapore this quarter
Samsung is now in the final stages of optimizing its mobile payment platform for launch in Singapore. At present, Samsung Pay is only available in China, the United States and South Korea, making Singapore the first market in Southeast Asia to receive access to the service when compatibility starts rolling out later this quarter.
We are extremely excited that Singapore is the first market in Southeast Asia to roll out Samsung Pay. Singapore’s connectivity and openness are ideal conditions for our new mobile service to thrive, together with the interest and readiness of consumers here in adopting this new method of payment.
Samsung Pay is an example of how Samsung is always striving to introduce new technologies that help to enhance and improve the quality of lives of consumers, especially as Singapore moves towards becoming a Smart Nation. Our goal has always been to drive and lead innovation that matters, and we are happy to extend this into the mobile commerce space.
— Injong Rhee, EVP and Head of R&D, Software and Services of Mobile Communications Business at Samsung
As you’d expect, Samsung Pay will function in an identical way in Singapore as it does in the other regions it’s available for use in. This means that you’ll be able to add any compatible MasterCard or Visa to pay for goods at either an NFC or POS checkout in a bricks-and-mortar store.