Samsung Celebrates ‘Momentum’ of Recent Samsung Pay Launches

…Injong Rhee emphasized the platform’s “momentum”, asserting that “these latest launches show how Samsung Pay is providing an even faster and easier experience to a broader base of global users.”

Samsung is celebrating the rapid spread of its mPayment platform, with Samsung Pay having launched in three major new markets in the span of three weeks.

Samsung Celebrates 'Momentum' of Recent Samsung Pay LaunchesThe service debuted in Singapore and Australia last week, launching in both countries with the support of American Express and Citibank. About two weeks previous, the platform went live in Spain—a launch notable for being one of the few instances in which Samsung Pay beat its friendly rival Apple Pay to a major market.

Commenting on the expansions in a statement, Samsung Pay head Injong Rhee emphasized the platform’s “momentum”, asserting that “these latest launches show how Samsung Pay is providing an even faster and easier experience to a broader base of global users.” The company also highlighted the service’s success in its home base of South Korea, where it has so far processed over a billion dollars in transactions.

While Samsung’s mobile wallet often lags a little behind Apple Pay, which runs on an entirely separate hardware ecosystem, it’s well ahead of its true rival, Android Pay, which has yet to arrive in any of the three markets in which Samsung’s solution recently debuted.