By 2020, Samsung Smart Pay will be launched in more markets
By 2020, Samsung Smart Pay will be launched in more markets

On December 18, it was reported that Samsung Pay was first launched in 2015, and now it has developed to 26 countries and regions in the world, but now there are more than 230 countries and regions in the world, so anyway, the coverage of Samsung Pay is not very wide. Samsung said in a recent official statement that its electronic wallet and mobile payment system will further expand the market in 2020.

We don't know in which countries and regions Samsung plans to promote Samsung Smart Pay, but Samsung said it will follow up soon. As a reference, Indonesia is the only new market that won Samsung Smart Pay in 2019. In addition, the statement mentioned that Samsung's goal is to improve the customer experience in the existing market by adding functions and cooperating with local partners.

Samsung Smart Pay is the largest mobile wallet service in South Korea. At present, it has more than 14 million active users worldwide. It has also added several new functions, including an electronic prepaid card called "cash payment" and international transfer. Samsung Smart Pay is also one of the first electronic payments launched by mobile phone manufacturers in China, which was officially launched in China in March 2016.


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