Samsung Pay officially headed to China next month after reaching 5 million users elsewhere
This is a little unusual, not to mention unexpected, but more than 24 hours in advance of Samsung’s big pre-MWC Unpacked event, the company has come out with an anticipated update on its mobile payment app’s approaching global expansion.
We’re guessing it’s a way of removing distractions out of Galaxy S7’s path to stores, or simply insurance of Samsung Pay media attention in Barcelona. Whatever the case, we finally have a slightly more specific ETA for the digital wallet service in China, and it’s indeed in “early 2016.”
Granted, Apple Pay already got its head start in the world’s largest smartphone market, but the Android-compatible rival shall closely follow in the footsteps of the iOS-supporting “trailblazer” in March. “Later in the year”, Samsung Pay will spread to Australia, Brazil, Singapore, Spain and the UK, as well as Canada, though exact release dates for every country unsurprisingly remain under wraps.
Russia and France are likely the biggest omissions on the list, while Apple Pay’s been live on British shores for quite some time now. In terms of actual adoption and usage, Samsung is a little more transparent than Cupertino, sharing a couple of numbers we’re not sure are very great.
Namely, five million “registered users”, and “over 500 million dollars processed in the first six months” in Korea and the US. That sounds low, given how many people probably own the Galaxy S6, S6 Edge, Edge+, and Note 5 in the two countries. Also, it’s worth underlining mum’s the word in regards to active users, who didn’t just sign up for the service to obtain a freebie, discarding it after a couple of transactions.
Source: Samsung Mobile Press