Singapore fifth country to get Samsung Pay, launches June 16 - CNET

Samsung phone owners in Singapore will soon be able to make mobile payments through Samsung Pay come June 16, though this is limited to those owning the Galaxy Note 5, S6 Edge+ and the newer S7 and S7 Edge devices.

The launch comes a month after rival Apple made its Apple Pay service available in the island-state, though the Korean giant's service does offer an advantage over Apple's -- it's capable of working with non-NFC payment terminals thanks to a built-in Magnetic Secure Transmission technology that lets it emulate a credit card's magnetic stripe.

While Singapore's the first country in Southeast Asia to launch Samsung Pay, the company did not reveal other launch markets in Southeast Asia. On that note, there's a launch event plaed for Australia on June 15, which will make users Down Under the sixth in the world to get the payment service.