According to a report, the pay app from the Samsung is on its way to being releasedinto the market during the first half of the year 2017. With authorities trying to push onward, a cashless economy agenda and numerous mobile operators looking to launch and enhance their digital payment and banking services in the country the move to the digital banking and mobile payments have been a big issue during the second half of the year 2016. As Samsung targets the service launch in the first half of 2017, the company has started trials. With an initial release in China and US, the company’s pay service is being rolled out on the market-by-market basis. Including Brazil, Singapore, Australia, Spain and Puerto Rico The vendoradded numerous locations this year. Samsung targets to continue growing availability of the facility next year, including a launch in the UK.
Rumors in the Korean media previous weekshowed that they are set to increase in the number of Samsung-branded devices able to access Samsung Pay timely next year, however, as of now the service is only limited to certain Galaxy devices and Gear wearable devices. The process upon completion will exclude only a few of the entry-level devices those will be unable to access this service.