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Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. By early 2019, Samsung Pay’s international presence grew to six global regions.

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Samsung Pay Launches In China

PYMNTS

Apple Pay’s competition in China just got a bit steeper, as Samsung has officially rolled out Samsung Pay in the region. Samsung announced the launch of its mobile payments service that is now available through a deal with China UnionPay — the same method Apple used to bring its mobile payments option into market.

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Retail Crisis In U.S., U.K. A Fizzle For 2020?

PYMNTS

Looking past the cheerful numbers tied to holiday shopping and the tens of billions of dollars spent on Black Friday, Cyber Monday and into Christmas, the decline of retail, at least the traditional retail model, continues into the new year, and across oceans. The retail sector is among the largest employers in the U.K.,

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Here Are The Asian Smartphone Upstarts Gunning To Displace Apple, Samsung, And Huawei In The Region

CB Insights

Large companies like Samsung , Apple , and Huawei have traditionally dominated the Asian smartphones market, but in recent years, new makers have slowly emerged to chip away at that dominance. In 2016, Xiaomi shared the leadership position with Samsung in terms of phones sold in India, with its low-cost line leading growth.

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India Is Now World’s Second Largest Smartphone Market

PYMNTS

The top five vendors ( Samsung , Xiaomi , Vivo , Oppo and Lenovo ) now account for 75 percent of total shipments in India. Samsung shipped 9.4 It struggles in the mid-range (devices priced between INR15,000 and INR20,000 [US$230 and US$310]), where Samsung, Oppo and Vivo are particularly strong. Growth will continue.

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Mobile Carriers Allude To Potential 5G Delays Amid COVID-19

PYMNTS

Samsung has said “investments in 5G networks will be reduced or delayed domestically and internationally as more effects of COVID-19 unfold.” . He acknowledged there had been minor delays in 5G deployments in some regions, but in the U.S. Cristiano Amon, president of Qualcomm Inc., told The Verge that the U.S.

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Amazon Sets Sights On Southeast Asia

PYMNTS

So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. And Amazon isn’t the only international retailer with eyes for Southeast Asia.

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