Samsung Pay Mini might launch soon

Although Samsung Pay is not in trouble and still has to reach many markets across the globe, its main problem at this time is device compatibility. Even in China or the United States, where the service supports cards from a wide range of banks and credit unions, this mobile payment service only works with a limited number of Samsung handsets. However, Samsung Pay Mini might fix that really soon.

According to industry insiders who spoke to ET News, "Samsung Electronics is commercializing a separate application called ‘SamsungPay Mini’ in June to strengthen online payments." Although the details have not been unveiled yet, this new digital wallet will work on both mobile devices and PCs. "After installing an application, a consumer can download many cards into this application after fingerprint certification or making an ID and a password," reveals the same source.

Samsung Pay Mini is expected to show up soon, possibly as early as next month. Unlike its sibling known as Samsung Pay, this new mobile payment service will first launch with support for Android 6.0 Marshmallow handsets and iOS 8. Even more, a Windows version is expected to arrive at a later time as well, if everything goes according to Samsung's expectations.