Samsung Pay to officially launch in China in early 2016

18 December, 2015
The collaboration with China UnionPay has been announced, regulator approval pending.

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  • ?
  • Anonymous
  • QAL
  • 23 Dec 2015

DarkReed, 22 Dec 2015Supporting it by NFC or in a simple app. Not many people us... moreOk So it is not revolutionary. Not everyone uses paypal.... Not everyone uses Samsung. And way more people use paypal than Samsung phones. And a father can send allowance to his child over payapal straight to his bank account.

But I get what youa re saying with NFC person to person payment. That would be cool.

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    • DarkReed
    • 8%x
    • 22 Dec 2015

    Gibby, 18 Dec 2015True - I'm being selfish - Canada is a drop in the ocean co... moreI don't undermine the importance of Canada, I just say that other countries can have more sucess with the payment system, because they lack a proper or widespread banking system in most rural areas.

    Just like in the northern parts of Canada, near Alaska, where making a simple payment to a bank can be hard. Now imagine that in ALL or most of the country.

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      • DarkReed
      • 8%x
      • 22 Dec 2015

      Anonymous, 21 Dec 2015Ok... Let me ask again... Paypal already does this... Ho... moreSupporting it by NFC or in a simple app. Not many people uses PayPal from their phones, and usually not in a Person-to-Person way (Like a parent giving the allowance to a child, a bussinessperson paying a cofee on Starbucks or Average Joe paying to the mechanics for fixing a flat tire).

      The point here is the massification. If they get innovative enough to do it simple and convenient, then is a success: Innovation is doing things in a different way, and getting a better result with it.

      Sure, if PayPal can do that, I see no point on no using it. Me, instead of what you say, don't have an iPhone, nor am a Brand Zombie (For Apple, Nokia or any other company). If it works and fits my needs, I use it.

        • ?
        • Anonymous
        • QAL
        • 21 Dec 2015

        DarkReed, 21 Dec 2015Adding a simplified interface and a secure transfer method?Ok... Let me ask again...

        Paypal already does this... How would it be revolutionary if Samsung did the same?

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          • DarkReed
          • 8%x
          • 21 Dec 2015

          Anonymous, 19 Dec 2015How would it be revolutionary when paypal already does it? ... moreAdding a simplified interface and a secure transfer method?

            • ?
            • Anonymous
            • cNc
            • 19 Dec 2015

            AnonD-168700, 19 Dec 2015Actually a mobile person-to-person payment system is a geni... moreHow would it be revolutionary when paypal already does it?

            Let me guess you use an iPhone?

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              • AnonD-168700
              • XMF
              • 19 Dec 2015

              DarkReed, 18 Dec 2015Nevermind China, Canada or UK. What about India, Australia ... moreActually a mobile person-to-person payment system is a genius idea! It would be a new revolutionary application of the mobile payment system. Most flagship phones already have fingerprint security system so now would be the perfect time for it. Samsung should get on it ASAP.

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                • AnonD-168700
                • XMF
                • 19 Dec 2015

                The point is the whole world could really use that MST tech. Samsung would be foolish not to capitalize on their monopoly in that specific area as soon as possible. Countries like Russia and Indonesia would also be a great market for them.

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                  • AnonD-9000
                  • ITE
                  • 19 Dec 2015

                  Lol samesung always a copycat.. They always be..

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                    • Gibby
                    • Ixj
                    • 18 Dec 2015

                    DarkReed, 18 Dec 2015Nevermind China, Canada or UK. What about India, Australia ... moreTrue - I'm being selfish - Canada is a drop in the ocean compared to the sizeable markets you mention.
                    They'd capitalize on the MST technology as most developing nations only have the old swipe card readers.
                    If this comes to Canada I may be persuaded to get a Samsung and ditch my wallet for good! Yay!! :)

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                      • DarkReed
                      • 8%x
                      • 18 Dec 2015

                      DarkReed, 18 Dec 2015Nevermind China, Canada or UK. What about India, Australia ... more"Not widespread" as in "Not availiable in the country, as opposed to big cities"

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                        • DarkReed
                        • 8%x
                        • 18 Dec 2015

                        Gibby, 18 Dec 2015Nevermind UK - what about Canada?!Nevermind China, Canada or UK. What about India, Australia and Brazil? (Growing or grown markets where banks and credit-card-payment terminals are usually not widespread).

                        What about Samsung/apple adding support for a "virtual wallet" that could exchange Phone-to-Phone payments, maybe with an Authenticator SMS/Dongle/internet code/hash for the transaction? As person-to-person payment system.

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                          • Gibby
                          • Ixj
                          • 18 Dec 2015

                          Anonymous, 18 Dec 2015Never mind China, what about UK?Nevermind UK - what about Canada?!

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                            • AnonD-173026
                            • 61x
                            • 18 Dec 2015

                            I follow you!

                              • ?
                              • Anonymous
                              • MVg
                              • 18 Dec 2015

                              Never mind China, what about UK?