22 Feb '16, 11pm

Samsung Pay to be available this year in Singapore

Samsung Pay to be available this year in Singapore

SINGAPORE: When Samsung Pay comes to Singapore later this year, DBS, OCBC Bank and Standard Chartered Bank will be among the banks here offering the payment solution. Samsung is also partnering with American Express, MasterCard and Visa, to bring Samsung Pay to Singapore consumers in 2016. Samsung Pay is a service that allows consumers to pay for goods at retail locations using their Samsung smartphones. On Saturday (Feb 20), the South Korean tech giant announced it had reached a milestone with about five million registered users who processed more than US$500 million in the first six months of its launch. It said in a media statement that strong adoption rates can be seen in South Korea and the US, where the service was launched last year in August and September, respectively. In a press statement on Monday, DBS Bank's head of cards and unsecured loans, Mr Anthony Seow, s...

Full article: http://www.channelnewsasia.com/news/singapore/samsung-pay...

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