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Retail Asia22/11/2018

Mobile payments at South Korean convenience stores have more than doubled this year thanks to the greater use of smartphones and the expansion of mobile settlement services. South Korea’s top convenience store chain CU said the number of so-called easy mobile payments at its outlets soared 121.5 per cent year on year in the first […]

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Retail Asia10/07/2018

Samsung Electronics recently stopped embedding its mobile payment system, Samsung Pay, in budget smartphones, industry watchers said Sunday, apparently to save costs by excluding the feature, which has been less popular among teens and senior users. Among 10 smartphones released by Samsung Electronics in Korea this year, only three – the Galaxy S9, Galaxy S9 […]

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Retail Asia31/05/2017

Samsung Pay has finally landed in Hong Kong. The Korean technology giant launched an early access program in the Hong Kong market last month, but officially launched the mobile payment system to the general public last Thursday. Samsung Pay can be used almost anywhere a point-of-sale (POS) terminal is available and supports payments via both […]

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Retail Asia28/04/2017

Samsung has launched an early access program for Samsung Pay in Hong Kong, in collaboration with local banks. Customers with American Express, Citibank, Dah Sing Bank and Standard Chartered Bank cards are able to register to participate in the early access program. The service is expected to launch more widely in the second quarter, adding […]

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Retail Asia13/02/2017

Similar to Android Pay from Google and Apple Pay from Apple, Samsung Pay works like other mobile payment platform by using NFC. Samsung Pay, which was made to build brand loyalty from consumers allows users to pay for things online with their smartphone or smartwatch. Samsung has fully unveiled the Samsung Pay in the Thailand. The […]

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Retail Asia06/12/2016

Samsung Pay and its financial partners have introduced exclusive offers for customers who make payments using a partnered credit card via Samsung Pay, The Nation reports. The offers are provide in partnership with Citibank, Kasikornbank, KTC, and SCB. Citibank card owners will have access to 5-fold reward point increase for every payment transaction of THB […]

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Retail Asia02/12/2016

Samsung Pay will now be available for franchises in South Korea owned or run by Shinsegae, which owns its own brand of department stores, Samsung Electronics has announced. The mobile payment service will be available in Starbucks — the coffee chain is run by Shinsegae in South Korea — and famous brands such as E-mart, […]

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Retail Asia02/11/2016

Samsung Electronics has confirmed Samsung Pay Thailand will make its debut before the end of this year. Thailand, Malaysia and Russia are three of 10 new markets where the payment technology will be introduced. Samsung Pay has also announced a global partnership with MasterCard to offer a simplified online payment and express checkout solution through […]

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Retail Asia20/08/2016

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Carrefour China says it will concentrate on convenience store development for the rest of this year. The French-headquartered retailer has been losing market share in the hypermarket segment and has closed about 30 stores during the past three years. It is trying to find a new growth model for the competitive Chinese model according to […]

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Retail Asia15/06/2016

Samsung Pay, the Korean electronics giant’s e-wallet system, will launch in Singapore on June 16. At launch, those holding Visa and MasterCard credit or debit cards issued by POSB Bank, DBS Bank, OCBC Bank, Standard Chartered Bank and Citibank will be able to use a compatible Samsung phone to pay at almost all retail outlets […]

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Retail Asia04/06/2016

Samsung has secured the support of Citibank as it readies the release of its mobile payments service in Singapore. Samsung has already won around Singapore’s major banks as it prepares for the launch of its service in Q2.The company is hoping the deal with Citi will give it the edge over rival Apple, which last […]

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Retail Asia18/05/2016

South Korea’s retail conglomerate Lotte Group is ratcheting up efforts to promote its own mobile payment platform, L Pay, industry watchers said Wednesday, as such services gained popularity over previous months amid the rising number of smartphone users. Lotte Group chairman Shin Dong-bin was recently quoted as saying by corporate officials that L Pay is […]

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Retail Asia08/04/2016

Samsung Pay China is live after being launched by the South Korean smartphone giant this week. Samsung Electronics said Tuesday the introduction of the Samsung Pay China mobile payment service will speed its efforts to expand the scope of its flagship mobile payment platform globally. The South Korean tech company said Chinese users of high-end […]

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Retail Asia07/03/2016

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China has the highest adoption rate in the world for technology-enabled payment systems, the media reported on Thursday. In a survey of 13,000 respondents in 26 countries, 86% of Chinese respondents said they paid for online purchases during the past six months via digital payment systems compared with a global average of just 43%, the […]

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Retail Asia16/02/2016

Black Friday, the day after the Thanksgiving holiday in the US (celebrated on the fourth Thursday in November), and Cyber Monday, the first Monday after Thanksgiving, mark the start of the year-end holiday shopping season. Figures from the United States National Retail Federation shows that over 151 million consumers made purchases online and in physical […]

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Retail Asia10/01/2016

South Korean technology giant Samsung Electronics is expanding its mobile payments service to three additional countries, including Singapore. The Korean company made the announcement during its press conference at the Consumer Electronics Show on Tuesday, held ahead of the show’s official opening. Samsung Pay allows consumers to pay at retail locations using their smartphones. It […]

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Retail Asia05/01/2016

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Mr. Park, a 50-year-old manager of a coffee shop in Yeouido, western Seoul, recently bought an integrated circuit (IC) card reader for 400,000 won ($343). Last summer, the country’s financial authority required shops to use them so customers could pay with credit cards with an IC chip embedded in them. However, as more locals use […]

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Retail Asia30/09/2015

Samsung Electronics said Thursday its mobile payment solution has processed tractions totaling US$30 million in the month after its debut in South Korea. The company officially released Samsung Pay in South Korea on August 20. The platform, available for Samsung’s high-end smartphones, including the Galaxy S6 and the Galaxy Note 5, supports magnetic secure transmission […]

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Retail Asia26/08/2015

South Korean tech giant Samsung Electronics says the country’s 10 credit card companies have agreed to support its new mobile payment system, slated for launch today, Thursday. Korea will be the first market in which the Samsung Pay service is launched. It supports not only the near field communication (NFC) technology like its rivals but also magnetic […]

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Retail Asia09/07/2015

Samsung has launched a short, live beta test of its new mobile payment service. Samsung Pay, developed by Samsung Electronics, will soon be launched in its home market soon as a beta service for a 36 day trial period. Samsung Card says it will recruit beta testers for Samsung Pay until July 10. The testers […]

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