Samsung Wallet Money expands its services to the Chinese market with support for QR Code and NFC. The partnership was formalized on October 26, 2026. The feature allows transactions at stores that accept WeChat Pay.
The feature allows QR Code transactions at stores and restaurants that accept WeChat Pay, without users having to register new payment methods. NFC is also available, allowing payments by tapping the smartphone on the terminal. The partnership provides for the addition of credit card payments in 2027. The expansion aims to increase convenience for Galaxy users who travel to China, especially to places that accept WeChat Pay. The partnership with Tencent reinforces Samsung's position in the digital payments market. The service is a digital payment solution developed by Samsung in partnership with Yuexiu Bank, which allows transactions via QR Code and NFC.
Partnership provides for expansion to credit cards in 2027
Users make transactions via QR Code by scanning the code at partner establishments, and via NFC by tapping the phone on the payment terminal. QR Code transactions allow users to use Samsung Wallet Money without having to register new payment methods. The partnership with Tencent reinforces Samsung's position in the digital payments market, in line with the presentation of artificial intelligence solutions and global initiatives such as Samsung Week 2026.
Samsung Wallet Money replaces traditional methods with QR Code and NFC, gains flexibility in international transactions and lowers barriers to use in markets such as China. NFC offers contactless payment, increasing efficiency and security in in-person transactions with compatible terminals. Exemption from fees on international transactions reduces costs and broadens viability in global markets, such as China. The feature depends on partnerships with WeChat Pay and NFC-enabled devices.
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