Samsung managed trade agreement with Alibaba to implement payment in smartphones
From now on, the users of the South Korean will be able to use “Alipay” without needing changing of application, innovation that Samsung hopes is reflected in an increase in the Chinese market.
SEOUL. - The company of South Korean technology Samsung indicated that it managed to sign a trade agreement with the giant of sales by Internet Alibaba so that the users of their smartphones can realise payments with greater facility with accounts of Alipay, a measurement that hopes increases its sales in the greater market of movable telephony of the world. The users of Samsung Pay also will have the option to pay with their Alipay accounts without requiring of a separated access to the application. Alipay, that is operated by the Ant Financial Services Group unit de Alibaba, has 450 million registered users. Samsung, the manufacturing major of smartphones of the world, sent in March its own system of movable payments, Samsung Pay, in China, near a month after Apple presented Apple Pay. Nevertheless, the dominant position of Alipay implies that it will be difficult that any just arrived by itself obtains significant advances in the market of movable payments of China. Samsung is lost land in front of its Chinese rivals Huawei and Xiaomi, as well as before Apple, and no longer figure between the five majors brands of smartphones in China, according to the signature of studies of Strategy Analytics market, reason why this agreement could mean an increase to him in the market.
Source: Emol.com - http://www.emol.com/noticias/Tecnologia/2016/05/20/803771/Samsung-logro-acuerdo-comercial-con-Alibaba-para-implementar-pago-en-telefonos-inteligentes.html
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