Following very quickly in the path of Apple, Samsung Pay has partnered with Mastercard to offer online payments and express checkout solution through its digital payment service Masterpass, starting early next year.
As well as going online, Samsung Pay has expanded into three new territories: Malaysia, Thailand and Russia.
“When we introduced online payments in South Korea last year, the service was well received by the market. Online payments accounted for more than 25 percent of the 2 trillion won in processed transactions, demonstrating that consumers may be actively looking for solutions to make their online experiences faster, simpler and secure,” said Thomas Ko, VP and Global GM, Samsung Pay, Mobile Communications Business at Samsung Electronics.
The online payments will include features such as express checkout where customers will be able use their Mastercard debit or credit cards along with the shipping information saved on their Samsung Pay account to quickly complete online transactions. And payments can be made on any device, which will use tokenisation technology.
Samsung Pay also announced new features in the United States, including support for in-app payments and new nearby discounts and savings, marking one more step toward a true digital wallet.
Whitepapers
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