Samsung rolls out 'Samsung Pay' service


Mobile payment battle heats up: With UnionPay, iPhone and Galaxy owners in China will be able to use and manage local credit and debit cards through Apple Pay or Samsung Pay (pic) apps.

KUALA LUMPUR: Samsung on Friday rolled out its mobile payment service, 'Samsung Pay' in Malaysia, through strategic partnerships with banks and merchants in its quest to provide cashless payments to customers.

Samsung Malaysia Electronics mobile and IT business unit vice-president, Lee Jui Siang, said the partners were CIMB Bank, Citibank and Standard Chartered.

He said within two weeks, Hong Leong Bank would take part to offer credit cards and pre-paid cards for customers.

"We are optimistic to see a strong consumer interest and readiness to adopt mobile payments in Malaysia, with Samsung Pay's security and user-friendly facility," he told reporters after the launch of Samsung Pay in Kuala Lumpur on Friday. - Bernama

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