Technology
Samsung Pay to expand global footprint
Oct. 26, 2016
Samsung Electronics Co. said Wednesday it will launch its mobile payment service, Samsung Pay, in Russia, Thailand and Malaysia later this year, bringing the service to a total of 10 countries. The South Korean tech giant said it will form a partnership with Mastercard to offer a simplified online payment and express checkout solution through its digital payment service Masterpass, starting early next year.Samsung announced the plan at Money 20/20, a major fintech conference, held in Las Vegas.