Samsung Pay comes to China on Feb.24, followed by Apple Pay

Apple Pay just came to Chinese market last week and its news take up much top news. On the other hand, Samsung is busy in preparation for introducing Samsung Pay to China.

samsungpay

Samsung confirmed that it will introduce Samsung Pay to China on Feb. 24, 2016 for trial. Many of its users have received the software upgrade from Samsung.

Samsung took measures on Samsung Pay when the first day Apple Pay took on Chinese market. Consumers of Samsung Note 5, Galaxy S6 edge+ received the latest system upgrade. These two modes of Samsung devices will support Samsung Pay. The release date of Samsung Pay in China is set on Feb. 24, 2016.

Samsung Pay is the mobile payment device based on NFC and MST technoliges that Samsung launched in September, 2015.Samsung Pay lets consumers swipe credit card as Apple Pay does and stimulate the tradiational magnetic strip card. The merchants don’t neet to upgrade the devices to use Samsug Pay.

It applies the similar marketing strategies as Apple Pay did. Samsung also teamed up with China Union Pay to support credit cards of a series of banks. It will offer special discounts or promotions during the trial period to attract more clients.

The challenge of Samsung Pay is on Security performance. Due to Android system can be highly customized, so Samsung Pay is only avaible on the original system of mobile devices. If the Samsung mobiles are rooted or jailbroken, they won’t be compatible with Samsung Pay due to security issue.

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