Samsung Electronics Singapore today announced that it will be the first in Southeast Asia to make Samsung Pay available. From Jun 16, users in Singapore will be able to pay with their compatible Samsung smartphones at almost anywhere that debit cards or credit cards from the participating payment networks.
Who are the Payment Partner Involved?
Currently, Samsung Pay has partnered with major payment networks such as American Express, MasterCard and Visa, and major banks such as Citibank, DBS/POSB, OCBC Bank and Standard Chartered. According to Samsung, they will continue to expand their partner base.
Where can you use Samsung Pay?
At launch, Samsung Pay will be accepted at the vast majority of merchants, wherever MasterCard or Visa is accepted, and is not limited to merchants that have updated to contactless terminals. Singapore consumers will be able to use Samsung Pay at their favorite popular chains, as well as thousands of independent shops. From launch, customers will immediately be able to utilize Samsung Pay at most merchants within the following categories [full list of preferred merchants in Appendix B]
Supermarkets and Convenience Stores
Healthcare and Beauty Outlets
Food and Beverage Outlets
Fashion and Lifestyle Outlets
Electronics and Furnishing Stores
Travel and Entertainment
Compatible Samsung Smartphones
Samsung Pay will be available on the Samsung Galaxy Note 5 4G+, S6 edge+ 4G+, S7 4G+ and S7 edge 4G+ beginning on June 16 in Singapore.