SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission. Learn more.

Samsung will announce a new mobile payment partnership with Alibaba on Friday, May 20

Pay
By 

Last updated: May 19th, 2016 at 05:46 UTC+02:00

According to a new report published by Reuters, Samsung is in the final stages of preparing to announce a new payment partnership with China’s second-largest online marketplace, Alibaba. The disclosure will take place on Friday, May 20, and the South Korean firm is believed to reveal that it’s introducing out of the box support for the e-commerce company’s established mobile payment platform, Alipay, on all of its latest NFC-enabled smartphones, including the Galaxy S6, Galaxy S6 edge, Galaxy S7, Galaxy S7 edge, Galaxy Note 4 and Galaxy Note 5.

It looks like Samsung has realized the main obstacle in the path towards total mobile payment domination is the geo-limitation it has to enforce to ensure that its service is operating legally in all countries, and while it’s spending extended periods of time optimizing its system for use in new regions, third-parties are flooding the Play Store with their offerings. However, the manufacturer firmly hopes that this deal with Alibaba will provide it with a head start in the Asian market, placing it above Android Pay and Apple Pay in terms of adoption.

Source Pay AlibabaAlipaySamsung Pay
Load 0 comments

You might also like

New updates are available for Samsung Wallet app and Pay Framework

Samsung is releasing a couple of new updates for Pay Framework and the new Wallet app. Samsung Pay Framework is getting pushed to version 5.1.27, and Samsung Wallet is getting updated to version 5.1.31. There’s no changelog for the latest Samsung Pay Framework update, but the Samsung Wallet update brings minor bug fixes and unspecified […]

  • By Mihai Matei
  • 2 weeks ago

[Update: Fixed] Samsung Pay stops working on non-Samsung phones

Update: Samsung has confirmed to us that this issue has now been fixed through a patch, and Samsung Pay should now work as intended on non-Samsung phones. Original story Samsung Pay is usually associated with Galaxy smartphones. But even non-Samsung phone users can use the mobile payments app, especially those who use a Galaxy Watch […]

  • By Asif Iqbal Shaik
  • 2 months ago

Samsung Wallet merges Samsung Pay and Samsung Pass to store cards, IDs, digital keys, and more in one place

Last week, Samsung announced that it would merge Samsung Pass and Samsung Pay into a single app. Today, the South Korean firm has relaunched the Samsung Wallet app. It blends features of Samsung Pass and Samsung Pay and adds some more features on top of them. If you can remember, Samsung had a Wallet app […]

  • By Asif Iqbal Shaik
  • 2 months ago

Samsung Pass will soon be merged into Samsung Pay, complete with Digital Keys, tickets, and more

In a surprise announcement, Samsung said earlier today that it will merge Samsung Pass and its features into the Samsung Pay app. The merger will start today in South Korea, and it will expand to other markets in the coming months. The new app will house all your credit cards, debit cards, passwords, digital keys, […]

  • By Asif Iqbal Shaik
  • 2 months ago

Europe finds fault with Apple’s selfish use of NFC

The European Commission isn’t happy with Apple’s monopolistic views regarding its mobile payment platform “Apple Pay.” The European Commission argues that Apple shouldn’t lock the NFC chip inside iPhones to work exclusively with its mobile payment platform. The Commission sent a Statement of Objections to Apple over its practices regarding Apple Pay earlier today. It […]

  • By Mihai Matei
  • 3 months ago

Samsung expands Pay platform in Brazil with support for C6 Bank cards

Samsung Pay is expanding its capabilities for customers in Brazil. The mobile payment platform has been around in Brazil since 2016. And beginning today, Pay customers can link their C6 Bank cards to make fast and secure payments using their Galaxy smartphones and smartwatches. C6 Bank customers can register their C6, C6 Platinum, C6 Carbon, […]

  • By Mihai Matei
  • 4 months ago