Samsung Pay is now available in China, but it probably won't catch on

Apple Pay rolled out in China last week to a mixed response. Domestic players WeChat Wallet and Alipay have had years to figure out how the Chinese epayments market works, and a new player — especially one that doesn’t offer staple services like discounts, online purchases, and savings accounts — is facing an uphill battle.

But if any foreign company can make a lack of features work to its advantage, it’s probably Apple. It’s probably not, in other words, going to be Samsung — but that hasn’t stopped the company from putting China in its crosshairs, and launching its payments service in the mainland on Wednesday. Read more...