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Overview of the most notable partnerships and product innovations in Q4 2022 – Q1 2023

Voice of the Industry | Online Payments | 28 Jul 2023

Estera Sava, News Editor at The Paypers, analyses the most prolific partnerships that defined and built resilience in the payments and ecommerce space in Q4 2022 and Q1 2023. 

ecommerce, payments , partnership, fintech, BNPL, retail, instalment payments, mobile payments, digital wallet, NFC, cross-border ecommerce, financial services, payments orchestration, marketplace, merchants, digitalisation

UnionPay signs MOU with the National Bank of Cambodia

News | Payments General | 11 Jul 2023

UnionPay International (UPI) and the National Bank of Cambodia have signed a Memorandum of Understanding (MOU) to promote QR code interoperability for cross-border mobile payments.

partnership, payments , e-wallet, cross-border payments, merchants, QR payments, paytech, fintech, mobile payments, NFC, ecommerce, banking

Samsung partners with Bank of Korea

News | Online Payments | 15 May 2023

South Korea-based company Samsung has announced its partnership with the Bank of Korea to launch wire transfers to Galaxy smartphones and smartwatches. 

partnership, mobile payments, online payments, digital signature, payments , contactless payments

Apple Pay gets approved to go live in South Korea

News | Mobile Payments | 08 Mar 2023

South Korean regulators have approved the Apple Pay launch to allow local credit card firms to introduce the Apple Pay service.

Apple Pay, NFC, mobile payments, regulation, product launch

UPI to enable UnionPay QR payments for ZeroPay merchants

News | Mobile Payments | 02 Dec 2022

China-based UnionPay International (UPI) has partnered with the Korea Easy Payment Foundation and BC Card to enable UnionPay QR code payments for ZeroPay merchants.

partnership, payments , mobile payments, e-wallet, QR code, QR payments, payment methods

FSS to review Apple Pay launch in South Korea

News | Mobile Payments | 25 Nov 2022

The financial regulator of South Korea, Financial Supervisory Service (FSS) has announced it is reviewing the Apple Pay service launch clause submitted by Hyundai Card.

product launch, digital wallet, digital payments, mobile payments, NFC, online payments, e-wallet

Why mobile payments will improve consumer conversion and consumer retention

Voice of the Industry | Mobile Payments | 10 Oct 2022

François Cortés, Senior Manager at Oaklen Consulting, reveals the fast-growing development of e-wallets and what new mobile payment methods under merchants’ control.

payment methods, merchants, e-wallet, digital wallet, ecommerce, digitalisation

Theta partners Samsung to launch an offline NFT utility campaign

News | Cryptocurrencies | 09 Aug 2022

US-based decentralized video delivery network Theta Network has partnered with Samsung and other South Korean retailers in order to provide NFT holders more utilities in retail stores.

crypto asset, NFT, digital assets, cryptocurrency

Samsung launches Samsung Kiosk in Germany

News | Online Payments | 18 Mar 2021

Samsung Electronics has announced launching an SOC-based kiosk system ‘Samsung Kiosk’ in Germany.

product launch, online payments, credit card, contactless payments, expansion

Mastercard unveils co-branded Samsung Pay card in South Korea

News | Cards | 08 Sep 2020

Mastercard has unveiled a co-branded card in South Korea, Samsung Pay card, in partnership with Samsung Electronics and Samsung Card.

MasterCard, Samsung Pay, merchants, contactless payments, cross-border payments

LG Pay rolls out in the US

News | Payments General | 18 Jul 2019

The LG Pay mobile payment service has arrived in the US, but for now it will only work for Android users that own the LG G8 ThinQ smartphone.

LG Pay, mobile payment, the US, Android, LG, smartphone, NFC, WMC, mobile app

Samsung Pay to arrive on PayPal accounts soon

News | Mobile Payments | 14 Aug 2017

Samsung Pay has announced that users will be able to use PayPal in-app, in-store and online.

Samsung Pay, PayPal, mobile payments, MST, NFC, online payments

Samsung Pay may launch in India in 2017

News | Mobile Payments | 20 Dec 2016

Samsung is said to be working on launching Samsung Pay in India in the first half of 2017, according to SamMobile.

Samsung Pay, mobile payments, mobile wallet, India, POS

Koreans enjoy smart shopping experience at Lotte

News | Mobile Payments | 11 Oct 2016

Lotte Department Store has invited its customers in South Korea to test their shopping platform called Smart Department Store.

Lotte Department Store, South Korea, Bluetooth Low Energy, BLE, Dongle, geo-fencing, mobile payments, NFC, NFC Devices, offers, pilot, platform, POS, retail, Smart Closet, Smart Department Store, Smart Locker, Smart Scanner, Smart Signage, Smart Table

South Korean companies push Apple to open up Apple Pay technology

News | Mobile Payments | 16 Sep 2016

A group of South Korean companies have taken take action against Apple to push the technology provider into opening up the NFC technology within its iPhone handsets. 

Korea NFC, Kona I, cashbee, Interpay, Apple Pay, mobile payments, NFC, security, API, South Korea

Samsung Pay to roll out services in South Africa in 2017

News | Mobile Payments | 03 Aug 2016

Samsung Electronics has started discussions with South African banks and regulators to roll out Samsung Pay mobile payment and digital wallet service locally in 2017. 

Samsung Pay, NFC, MST, South Africa, mobile payments, Samsung Electronics

Cetecoms SmartCard lab in Germany becomes NFC forum accredited laboratory

News | Mobile Payments | 23 Jun 2016

Cetecom, a wireless test and certification lab, has become a NFC Forum accredited lab.

Cetecom, smartcard, NFC, mobile payments, innovation, EMVC, Visa, MasterCard

Samsung Pay is live in Australia

News | Mobile Payments | 15 Jun 2016

Samsung has announced the launch of its mobile payment service Samsung Pay in Australia.

Samsung Pay, Australia, American Express, launch, mobile payments, digital wallet

LG allegedly in works to develop in-house mobile payments platform

News | Mobile Payments | 14 Oct 2015

LG is allegedly planning to launch its proprietary mobile payments platform.

LG, mobile channels, handsets, develop, launch, mobile payments, online platform, Android, electronic payments, digital

TSYS adds support for Samsung Pay

News | Mobile Payments | 05 Oct 2015

US-based payments solution provider TSYS has added support for Samsung Pay, which will enable TSYS clients and their merchants to add another way to offer and accept mobile payments.

TSYS, Samsung Pay, mobile payments, payments , US