Back in March when Samsung unveiled the Galaxy S6 and Galaxy S6 Edge it also unveiled its much rumored Apple Pay rival, which it has decided to call Samsung Pay. The new payments service was only demonstrated at the Mobile World Congress and so far the company has not provided a launch date. Today though the company did confirm that this service is going to be expanded to Europe and China following its launch later this year.
It has already been confirmed by the company that first Samsung Pay is going to be launched in the United States and its home country, South Korea. Though as yet Samsung has not said when the service will go live in these countries.
At an event for investors today in Seoul, Samsung executive vice president Rhee Injong confirmed that the company has plans to expand Samsung Pay to Europe and China after the service is launched in the U.S. and South Korea later this year.
Injong added that the company is mulling a September launch time frame for the service in the aforementioned launch countries, though a confirmed launch date was still not provided by Samsung.
A September launch means that Samsung is looking to flip the switch on its new payments service around the same time it’s going to launch the Galaxy Note 5. Samsung has historically unveiled new Galaxy Note handsets at IFA, which takes place in September every year.