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Samsung Pay Partners with Alibaba for Chinese Expansion
Samsung has partnered with Alibaba’s Ant Financial Services Group to expand Samsung Pay’s availability in China.
Under the partnership, any Samsung users who hold an Alipay account will be able to use it with Samsung Pay by selecting the Alipay QR code option in-app and presenting it for scanning at the point of sale.
Given that Alipay has 450m active users, it’s a fairly major deal for Samsung’s payment service as it dukes it out with the likes of Apple and Android Pay.
“We are excited to be working with Alipay to expand Samsung Pay services in China,” said Samsung mobile communications EVP Injong Rhee. “The reception of Samsung Pay since its launch has been extremely positive and the service has already seen tremendous success in terms of availability and adoption by consumers. We ultimately want to make Samsung Pay available to as many consumers as possible around the globe, so that everyone can have the opportunity to enjoy the simplicity, safety and convenience of this mobile payment solution.”