Samsung Electronics said Thursday (Feb. 2) it is launching a mobile web payments service for all smartphones that use the Android mobile operating system in South Korea.
According to a report, the service will be called Samsung Pay Mini and will enable Android-based smartphones to make purchases online in South Korea after downloading the app. Samsung Electronics didn’t say if it will roll out the service in markets outside of South Korea. The report noted the move on the part of Samsung to launch Samsung Pay Mini comes at a time when the electronics company is looking for new avenues of growth.