Samsung Pay

Samsung Pay users this week may begin transferring funds from two participating South Korean banks in the latest expansion of capabilities.

Canadian consumers using Samsung Pay can now make Interac debit payments through their mobile devices using a tokenization service from Interac and digital security provider Rambus Inc.

The increased availability of the technology serves to further encourage consumer adoption rates, writes John Mitchell, CEO of Episode Six.

PNC is approaching corporate clients with new non-plastic card options including Apple Pay, Android Pay and Samsung Pay.

LG is officially throwing its hat into the mobile payments arena with the launch of LG Pay in Korea. Available only on the flagship LG G6 handset, its technology has a lot in common with Samsung Pay, but may not be much of a challenge to its rival if it should come to the U.S.

Samsung Electronics Co. has made its Android and Apple Pay competitor available in the U.K. Tuesday, as it attempts to play catch-up in one of the major markets for contactless payments.

Samsung Pay last week went live in four more regions—Hong Kong, Sweden, Switzerland and the UAE—but despite reaching 14 major global markets, it’s still not officially available in the U.K., one of the world’s most active zones for contactless payments.

One of Australia’s largest banks, Westpac, is the first of the country’s biggest four banks to adopt Samsung Pay, expanding customers’ contactless mobile payment options.

Samsung Pay will join the online payment options for Visa Checkout users through a new partnership between the South Korean company and U.S.-based Visa, underscoring the fluidity of mobile wallets.

Mastercard and Samsung India have partnered to roll out Samsung Pay to millions of customers of Indian banks.

U.S Bank’s commercial Visa card customers can now use their smartphones to make corporate payments via Apple Pay, Android Pay or Samsung Pay.

Samsung Electronics Co.’s new Galaxy S8 will employ facial-recognition technology for mobile payments within months of release, adding cutting-edge security to help the marquee device stand out from rivals such as Apple Inc.’s iPhone, people familiar with the matter said.

Bank of the West waited until the fall of 2016—many months longer than most banks—to offer its customers any mobile wallet. And when it did finally join the mobile wallet craze, it went all in.

Samsung Pay still rules the mobile wallet roost in its home base of South Korea, but Apple Pay and Android Pay could invade the market soon, new reports suggest.

Little-noticed during India’s cash-crunch late last year — triggered by the government’s demonetization of about 80% of its currency — was Samsung Pay quietly testing the waters in India with an eye to opening up vital new digital payment options in a nation that relies heavily on cash for everyday transactions.

Samsung is trying a number of plays to extend the reach of Samsung Pay, and plans to launch a Samsung Pay Mini app for online payments on all Android phones.

Consumer adoption numbers indicate most mobile wallets are stuck in the mud, but key wallet providers have made enough advances in other critical areas to suggest there is still potential in this market, Celent researchers say.

2017 promises to be a defining year for many in the payments industry. Here's a look at what to expect.

Nana Murugesan, Samsung vice president and general manager, spoke to PaymentsSource about Samsung's strategy for making its mobile wallet stand out in the increasingly competitive digital payments market.

Samsung has launched a $150 million venture capital investment fund to expand its partnerships and collaborations with fintech startups.