Samsung Pay users in China can now use local payment service ‘Alipay’ through their account.
Samsung today announced the partnership with Ant Financial Services Group, parent company of Alipay, to expand Samsung Pay in China. A simple, safe and easy-to-use mobile payment service, Samsung Pay works virtually anywhere you can swipe or tap a card. Users will now be able to use their Alipay account on eligible Samsung mobile phones with Samsung Pay.
"We are excited to be working with Alipay to expand Samsung Pay service in China," said Injong Rhee, EVP and head of R&D at Samsung's mobile business, in a statement. "The reception of Samsung Pay since its launch has been extremely positive and the service has already seen tremendous success in terms of availability and adoption by consumers. We ultimately want to make Samsung Pay available to as many consumers as possible around the globe, so that everyone can have the opportunity to enjoy simplicity, safety, and convenience of this mobile payment solution."
Also in a statement, Fan Zhiming, president of payment business at Ant Financial, said: "Alipay covers the vast majority of online payment use cases. At the same time, it also developed a variety of offline use cases, including restaurants, supermarkets, convenience stores, taxis, hospitals and public services. The technology integration facilitated by this partnership with Samsung Electronics will make the payment process faster and more convenient when users make payments at stores where Alipay is accepted."
Samsung Pay has hit $850 million in transactions nine months after launching.
Samsung Pay is currently available on the Samsung Galaxy S7, Galaxy S7 edge, Galaxy S6 edge+, Galaxy Note5, Galaxy A5(2016), Galaxy A7(2016), Galaxy A9(2016) and Galaxy A9 Pro in China.
