Samsung Pay may launch in India next year

Even as India struggles in the aftermath of invalidation of much of its cash and shows interest in mobile wallets, top Silicon Valley companies haven’t jumped in on the opportunity yet with their epayment solutions. One company however seems interested now. 

Samsung is said to be working on launching Samsung Pay in India next year. The company is eyeing the first half of 2017 as the timeframe for the launch of its digital payment solution, according to SamMobile. 

The South Korean conglomerate has begun testing the mobile payment service in the Indian market, according to the report. Depending on how the testing goes, there could be a delay in the launch of Samsung Pay in India.  Read more...