Samsung Pay wins Citi support for Singapore launch
By Mei Ling Tan
1 min read
Samsung has secured the support of Citibank as it readies the release of its mobile payments service in Singapore.
Samsung has already won around Singapore’s major banks as it prepares for the launch of its service in Q2.The company is hoping the deal with Citi will give it the edge over rival Apple, which last week announced that it had lined up five major banks, extending the use of the mobile wallet beyond a limited earlier release for AmEx cardholders.
Samsung says it will be able to tap in to Citibank’s extensive customer base and merchant network to promote greater adoption and usage of digital payments in the country.
The South Korean consumer electronics giant says it has signed up ‘thousands’ of consumer to enter into beta tests of Samsung Pay ahead of its launch later this quarter.