Samsung Pay will launch in Korea on 20 August and in the US on 28 September, but the firm has remained quiet on the UK rollout dates for the digital wallet and contactless payment service.
Samsung has plans to launch Samsung Pay in Spain, China and the UK, but has not indicated when the service will roll out.
Samsung chief executive J K Shin said that the launch of Samsung Pay will be a big move for the company. "This is Samsung's brave step forward to enhance our mobile experience. It is easy, safe and, most importantly, available virtually anywhere you can swipe a card, in most cases without new costs for merchants, from day one," he said.
Samsung Pay will come preloaded on the recently revealed Galaxy S6 edge+ and Galaxy Note 5 devices, although the latter will not make it over to the UK market.
To facilitate the rollout of Samsung Pay, InJong Rhee, executive vice president of Samsung, and the global head of Samsung Pay, said that the company will work with bank card providers.
"We are partnering with card networks, issuers and acquirers, and Samsung Pay will also be the first to support contactless payment for store-branded credit cards. The list of partners will only grow," he said.
These partners include Bank of America, American Express, Visa and MasterCard.
Samsung Pay has yet to publically reveal whether it has many UK banks as partners to facilitate the use of the contactless payment service in the country.
Apple has the majority of the UK's major banks on its Apple Pay roster. From the launch day these included NatWest, Santander, and Royal Bank of Scotland, and others, such as HSBC, Lloyds and Halifax, will provide support in the autumn.
Samsung has also yet to reveal any partnerships or support from the UK's high street retailers.
In contrast, Apple Pay lists major retailers like Boots, Marks & Spencer, Pret a Manger and Louis Vuitton, for those with high-value purchases enabled.
V3 put Apple Pay to the test, and will put Samsung Pay through its paces once it launches in the UK.
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