Samsung Pay Arrives in Mexico for Real This Time

“…Samsung has announced that its payment platform has the support of American Express, Mastercard, Visa, Banorte, Banregio, Citibanamex, HSBC, and Santander, as well as the financial services tools Clip and iZettle.”

Samsung Pay has now launched in Mexico, for real this time.

The official announcement comes a couple of months after an initial declaration that Samsung’s mobile payments platform had gone live in the country toward the end of November. At that time, Samsung made no mention of bank support for the system, leaving some wondering how the platform could be used by consumers without allowing them to upload their payment card information to the app.

Evidently, it couldn’t. But now it can: Samsung has announced that its payment platform has the support of American Express, Mastercard, Visa, Banorte, Banregio, Citibanamex, HSBC, and Santander, as well as the financial services tools Clip and iZettle.

In a statement announcing the launch, Samsung emphasized the wide acceptance of Samsung Pay, with its MST technology enabling contactless payments between Samsung’s mobile devices and even old, swipe-based POS terminals. The company also highlighted the sophisticated security of the payment platform, pointing to its use of biometric authentication via fingerprint scan or iris recognition, its tokenization of payment information, and its integration with the Samsung Knox embedded security system.

Mexico is the 20th global market in which Samsung Pay is now in operation.