The company's mobile payment solution is a tad bit more than half a year old chances are, but it has already expanded to several different countries, added faithfulness and membership cards, delivered support for more financial institutions, and is on observe to maybe add online payments later in 2010. It helps that Samsung Pay gets the backing of Samsung's behemoth marketing as well as the wide potential base regarding its fleet of cell phones.
This latest announcement though might be going to be just about the most profitable and impactful: Samsung Pay out is teaming up together with Alipay in China. Alipay, coming from parent company Ant Economic Services Group, is a super well-known online payment solution in the united states with 450 million lively users (whoa! ). Its physical retail presence though can be a bit limited compared to be able to its online prevalence — you could be familiar with the name due to its ties with Alibaba and also Aliexpress. But that's changing as a result of this deal.
Samsung Pay users should be able to add Alipay as any payment method and then all they should do when they're with a retail store is launch Samsung Pay and select the Alipay QR program code then scan the program code at their merchant's sign up.
Compatible smartphone models in China will be the Galaxy S7, S7 Side, S6 Edge+, Note 5, Galaxy A5, A7, and A9 (2016 models the past three), and Galaxy A9 Expert. Notably absent are the particular Galaxy S6 and S6 Side, but Samsung says that more models may be added later, so maybe support for them is along the way. And maybe not.