Technology news today, with the announcement that Spain is the first European country to accept Samsung Pay.
Samsung Pay, a mobile payment service, has arrived in Spain. Imaginbank and CaixaBank have supported the launch with Abanca and Banc Sabadell following soon… with customers who own a Galaxy S7, Galaxy S6 and their Edge variants being able to use the service.
Usera can download their debit and credit cards to their smartphones and then use them to pay for goods and services in businesses across a variety of sectors that have signed up to accept mobile payment methods.
The first business in Spain to issue private cards to be used via method is, unsurprisingly, El Corte Inglés. Samsung Pay users will also be able to enter Madrid’s Prado museum sponsorship program.
Samsung Pay is working closely with leading businesses from retail, food and service stations and parking services sectors to create value-added services for their customers. This includes well-known brands like Cepsa, Cervecería La Sureña, Domino’s Pizza, El Corte Inglés, Fridays, Ginos, Grupo DIA, MediaMarkt, Mercadona, Phone House, Repsol, Rodilla, Saba, Starbucks, The Good Burger, The Wok, VIPS, VIPSmart, 100 Montaditos, with more to follow in due course.
Victor Kim, global director of Samsung Pay, explained: “Our goal with Samsung Pay is to drive and lead innovation in mobile commerce, giving consumers a safer, smarter and better mobile wallet,” said Victor Kim, Global Director, Samsung Pay. “Samsung operates an open model of partnership and collaboration to deliver the best possible customer experience. With Samsung Pay, we’re confident that we’re providing Spanish customers with the mobile payments service that they’re looking for.”
“We are proud that Spain is the first European market to introduce Samsung Pay, an innovative new service that we believe will mark a turning point both in Spaniards’ payments behaviour and the evolution of the payments market as a whole,” commented Celestino García, Corporate Vice President, Samsung Spain. “The opportunity for Samsung Pay in Spain is significant, due to the high smartphone penetration rate and the digitalisation of the banking sector. Moreover, according to recent research commissioned by Samsung, nearly six in 10 Spaniards are interested in incorporating a secure, simple and widely accepted payments service like Samsung Pay into their lives.”
This method of mobile pay is already working in China, South Korea and the United States. The rapid expansion plans were announced by Samsung Pay at the Mobile World Congress in February 2016.
Competitors Apple Pay and Android Pay are currently available in the United Kingdom but no other European areas.
Elle, along with Alan, is the owner of Spain Buddy and the busy web design business – Spain Web Design by Gandy-Draper.
Born a “Norverner”, she then spent most of her life “Dann Saff” before moving to Spain in 2006. Elle’s loves are Alan, the internet, dogs, good food, and dry white wine – although not necessarily in that order.