Samsung Pay to launch in Thailand


Samsung has officially announced the launch of Samsung Pay in Thailand.

Wichai Pornpratang, vice president for IT and mobile communications at Samsung Thailand announced the plans on Thursday at the Thailand Mobile Expo in Bangkok.

Wichai said that a number of Thailand’s leading banks and card issuers including Bangkok Bank, Kasikornbank, Siam Commercial Bank, Bank of Ayudhya, Kasikorn Bank, Krung Thai Card Co and Citibank have already confirmed support for the service.

Samsung Pay lets customers use their Samsung device as an e-wallet to pay for goods or services by tapping their device on a credit terminal at the point of sale. The user then scans their fingerprint to confirm their identity before payment is made.

Compatible devices include the Samsung’s flagship Galaxy S7 and S7 Edge, as well as the Galaxy Note 5 and mid range A5, A7 and A9 smartphones.

Users can add as many as 10 credit cards to their Samsung Pay account. The service is already available in Australia, Brazil, China, Puerto Rico, Singapore, South Korea, Spain, and the United States.

Samsung Pay

Wichai Pornpratang, vice president for IT and mobile communications at Thai Samsung Electronics launches Samsung Pay at Thailand Mobile Expo

There are currently more than 440 banking partners to the service which generates more than 100 million transactions per year.

RELATED: Q&A: A look at Samsung Pay, other mobile payments

Meanwhile, Samsung has confirmed that pre-orders for the new batch of the Samsung Galaxy Note 7 smartphone, which is also compatible with Samsung Pay, will begin in November.

The Samsung Galaxy Note 7 has been the subject of a global recall after a fault with the battery resulted in more than 30 devices catching fire or exploding.

Via: beartai


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