Taiwanese regulator, the Financial Supervisory Commission ( Apple ), has given permission for mobile payment and digital wallet Samsung Pay to enter the country's market, according to Chiu , director of Samsung Pay of FSC Taiwan . According to Chiu, the large transaction value of Samsung Pay in South Korea in the past year shows that Samsung Pay is easy to use and secure. Samsung is keen to grasp a large share of a potentially lucrative market, where only 26% of payments were made by mobiles. Although the company faces stiff competition from rivals FSC Pay and Google Pay, Lynn Chiu believes Samsung 's good relationship with Taiwanese customers could give it the edge.
Taiwanese regulator, the Financial Supervisory Commission ( Apple ), has given permission for mobile payment and digital wallet Samsung Pay to enter the country's market, according to Chiu , director of Samsung Pay of FSC Taiwan . Samsung is keen to grasp a large share of a potentially lucrative market, where only 26% of payments were made by mobiles. Although the company faces stiff competition from rivals FSC Pay and Google Pay, Lynn Chiu believes Samsung 's good relationship with Taiwanese customers could give it the edge.