R
Ryan Rabea
Guest
Samsung announced during its CES 2016 press conference today that it will be bringing the ability to make purchases via your Samsung phone to three more countries: Australia, Brazil, and Singapore. These three new countries add to a rapidly growing list including the United States, United Kingdom, Spain, China, and Samsung’s very own Korea.
Samsung devoted a good amount of its press conference today to discuss its mobile payments solution. It is continuing to stress the importance of its employment of MST technology, enabling users phones to work with older non-NFC card terminals. According to Samsung, the amount of terminals without NFC is 5 times greater than those terminals equipped with it. That is a massive amount of terminals that are unable to work with other payment solutions, giving Samsung Pay a real leg-up on the competition. This MST technology will come in handy down the line for Samsung allowing them to expand into developing economies who will mainly have the older technology.
For now though, you guys in the three additional countries should see the rollout soon.
Click here for our coverage of CES 2016
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