{"id":10279,"date":"2016-12-19T12:30:39","date_gmt":"2016-12-19T12:30:39","guid":{"rendered":"https:\/\/smallbiztrends.com\/?p=424993"},"modified":"2016-12-19T12:30:39","modified_gmt":"2016-12-19T12:30:39","slug":"samsung-pay-adds-russia-malaysia-and-thailand-to-mobile-payment-service","status":"publish","type":"post","link":"https:\/\/businessnewsbox.com\/?p=10279","title":{"rendered":"Samsung Pay Adds Russia, Malaysia and Thailand to Mobile Payment Service"},"content":{"rendered":"

\"Samsung<\/p>\n

Samsung Electronics Co., Ltd. (KRX:005930) recently announced<\/a> a new partnership with Russian bank Sberbank to bring its Samsung Pay service to three more countries: Russia, Malaysia and Thailand. The new partnership offers opportunities for small businesses here in the U.S. too.<\/p>\n

Samsung Pay Mobile Payment System<\/h2>\n

Samsung Pay<\/a> is a mobile payment system launched last year that uses a compatible Samsung device<\/a> to pay at point-of-sale locations across the globe. The service aims to rival Apple Pay and Google Wallet in the mobile payment space. This year it rolled out new features<\/a> in the U.S., including support for in-app payments, online payment and express checkout, and nearby discounts and savings.<\/p>\n

\u201cNow Sberbank customers can use a convenient Samsung Pay service and make payments with a single touch of the smartphone, almost anywhere payment cards are accepted,\u201d said Alexander Torbakhov, Deputy Chairman of the Sberbank Board, in a press release announcing the partnership.<\/p>\n

Samsung Pay Key Features and Benefits<\/h2>\n

According to the multinational electronics company headquartered in Suwon, South Korea, Samsung Pay is more than a Payment Service. It is \u201ca secure and easy-to-use mobile payment service\u201d that can be used to make purchases almost anywhere that credit, debit and prepaid cards are accepted.<\/p>\n

Among Samsung Pay\u2019s stated benefits for users are:<\/p>\n