17 October 2017

SamsungPay moves online, rolls out to new markets

26 October 2016  |  7761 views  |  0 samsungpay

One year after launching, Samsung Pay has cut a deal with MasterCard to expand to online payments and announced a roll out to three new markets.

Malaysia, Russia and Thailand will be the next three countries on the Samsung Pay roadmap, bringing the total number of nations supporting the m-payment service to 10 by the end of 2016.

The Korean tech giant has also announced a global partnership with Mastercard to offer online payment and express checkout via Masterpass, starting early next year.

Thomas Ko, VP and global GM, Samsung Pay, says: “By partnering with Masterpass in the US and rolling out online payments globally, we will simplify the online transaction experience by eliminating the need for customers to fill out tedious online checkout forms, remember long passwords or fumble for their wallets.”

The new service will make Samsung Pay available on laptops and PCs as well as the mobile handset.

In the US, the company is also offering Samsung Pay users the ability to locate discounts and coupons for nearby stores and restaurants through a new Deals feature available in November within the Samsung Pay app, and redeem these deals instantly. At the same time, in-app payments will be rolled out with a select group of online merchants, including Velocity, Raise, Fancy, Hello Vino, Wish and Touch of Modern.

The company currently claims the support of over 500 banks and credit unions, representing 85% of the US debit card and credit card market.

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