February 21, 2016 1:54pm
Mobile payments systems have been growing quickly in popularity since the launch of Apple Pay in the United States, but the prevalence of tap-to-pay credit and debit cards in Canada means we haven’t had much uptake of these systems from Canadian banks.
Last year, Amex announced several countries, including Canada, would be getting access to Apple Pay, but so far Canada’s major banks haven’t adopted the platform.
Today, as part of the Galaxy S7 announcement, Samsung has announced that Samsung Pay, Samsung’s proprietary mobile payments service, will be coming to Canada in 2016. At the moment, we don’t know exactly what the time frame will be, or which phones or banks will be supported, but the promise is the first we’ve heard about Samsung Pay hitting Canada.
Mobile World Congress continues throughout the week, so it’s a good bet we’ll get more information in the next few days.