Samsung Pay comes to China in partnership with China UnionPay
Inline with the March time-frame announced by Samsung last month, the company has launched its mobile payments service Samsung Pay in China. Samsung has partnered with China UnionPay (CUP) for the launch.
The mobile payments service is currently available on select Samsung flagships including the Galaxy S7, Galaxy S7 edge, Galaxy S6 edge+, and Galaxy Note5. However, the company says that future support for additional mid-range models is on the cards.
In China, Samsung Pay currently supports credit/debit cards from nine banks, including China CITIC Bank, China Construction Bank, China Everbright Bank, China Guangfa Bank, China Minsheng Banking Corp. Ltd, China Merchants Bank, Hua Xia Bank, Industrial and Commercial Bank of China, and Ping An Bank.
The launch comes over a month after rival Apple launched its mobile payments offering Apple Pay in the Asian country, which is also the world's largest smartphone market.