Singapore – 12
October 2017 – Samsung Electronics Singapore has announced a partnership
with online merchants Qoo10 – Singapore’s number one ecommerce platform, and
Vaniday – the booking platform for beauty and wellness services to make Samsung
Pay available for in-app payments for consumers. Since 15 September 2017, users
have been able to make payments via Samsung Pay within the respective merchants’
apps, adding increased convenience for users of Samsung Pay.

“We are constantly looking for new ways to increase the
adoption of Samsung Pay within Singapore by giving users more opportunities to
enjoy our mobile payment app at their convenience,” said Lee Jui Siang,
President, Samsung Electronics Singapore. “The key to improving Samsung Pay is
ensuring compatibility with as many merchants and apps as possible and this
partnership with Qoo10 and Vaniday lets consumers select Samsung Pay as a check-out
option in-app, a first for Samsung Pay in Singapore and we will continue to
expand this horizon to include more partner merchants.”

Paying with Samsung Pay in Qoo10 and Vaniday mobile apps is
incredibly easy – users will be prompted by the respective apps when making
payment and they will have the option to pay via Samsung Pay. The mobile
payment service provides improved convenience for consumers as well, as they
need not enter their credit card details when making payment; all they need to
do is to authenticate the Samsung Pay transaction via iris scan1,
fingerprint scan or a PIN code and payment is done.

Thanks to Samsung Knox, security concerns can be put to
bed. Users who opt for the Samsung Pay option when using their Qoo10 or Vaniday
mobile app will not be sharing their card information with the respective
merchants, as banking and credit card details remain confidential.

“At Qoo10, customers are always at the heart of everything
we do. We are always looking out for new ways to evolve and increase customers’
overall shopping journey, and partnering with such an innovative brand like
Samsung helps us achieve that vision. We are proud of this collaboration, which
makes Qoo10 the only e-commerce platform in Asia with the in-app Samsung Pay payment
method. To make the shopping experience even more enjoyable, we will be rolling
out exclusive promotions to those who shop with Samsung Pay starting 8 October.
Shoppers can also exchange their Samsung Pay reward points with Qoo10 gift
cards thereafter,” said HyunWook Cho, Qoo10 Singapore Country Manager.

“What we strive for is to make the beauty booking journey
of our customers safer, more efficient and pleasant,” said Marine Perez de
Germay, Managing Director of Vaniday. “We are thrilled to have incorporated
Samsung Pay as a payment option and excited to see the response.”

A secure and easy-to-use mobile payment service, Samsung
Pay can be used to make purchases almost anywhere2 that credit and
debit cards7 are accepted.

•
SIMPLE: With
Samsung Pay, every transaction is made super easy. You simply need to swipe up
to bring up the last transacted credit or debit card, scan your iris1
or scan your fingerprint or key in your PIN and make payment.  

•       SECURE: With each separate transaction,
Samsung Pay uses an encrypted digital token to replace sensitive card
information to prevent fraud. Your payment information is better protected than
ever before. Transactions made on Samsung Pay require registered fingerprint or
iris scan1 or PIN for authorisation, so you are in control when each
payment is made. The encrypted fingerprint and iris scan1
information are stored in a separate, secure area of your device. Samsung’s
industry-leading defence grade Knox security platform, which received the most
“Strong” ratings of any mobile security platform for Corporate Managed Security3,
provides real-time kernel protection and monitors malicious software and
activities on your device for added security.  

•       ALMOST ANYWHERE2: Samsung
Pay is accepted almost anywhere2 you can swipe or tap your credit or
debit card7. By incorporating Samsung’s proprietary MST
(Magnetic Secure Transmission) technology, together with NFC (Near Field
Communication), Samsung Pay is compatible with the majority of existing and new
payment terminals, allowing users to pay with their compatible

Samsung smartphone almost anywhere. Thanks to MST,
Singapore users can also use Samsung

Pay for transactions up to their individual cards’
limit.

Since the launch of Samsung Pay in Singapore in June 2016,
the mobile payment service has grown from strength to strength, including
various enhancments to broaden the horizon of its offerings:

Almost any brand loyalty cards7 that uses a
barcode can be stored within Samsung Pay, eliminating the need to physically
carry multiple cards for redeeming benefits or accumulating loyalty points.

Thanks to Samsung’s partnership with Mobeam, Samsung
smartphones4 can store barcode information within the device,
allowing barcode scanners to scan the screens instead.

Users who are using EZ-Link NFC SIM cards will be able to
pair their EZ-Link-enabled SIM5 card to Samsung Pay, allowing them
to make retail and transit payments via EZ-Link without the need of the
physical card. Samsung Pay users can also use their EZ-Link Link FEVO Prepaid
cards on Samsung Pay for their mobile payments.

Samsung Rewards is a tiered loyalty programme specially
curated for Samsung Pay users, where consumers can earn points from their
transactions, which can then be redeemed for additional rewards in the form of
gift vouchers from participating merchants or used to participate in the inapp
games such as Spin-the-Wheel or Flip-a-Card for additional instant wins.
Consisting of three loyalty tiers – Gold, Silver and Bronze – users can level
up across the tiers after meeting a target number of transactions. With each
level up achieved in the Samsung Rewards programme, users can get to earn more
points per transaction, reaping additional rewards in return.

From now, all users who opt for the Samsung Pay check-out
option on the Qoo10 mobile app will be entitled to the following promotions:

•       Enjoy
special S$2 deals on Qoo10 with check-out transaction with Samsung Pay

•       For
transactions made with Samsung Pay with a minimum spend of S$20, users will
receive a S$5 discount voucher for use on Qoo10.

•       Users
of Samsung Pay via the Qoo10 mobile app can also earn Samsung Rewards points
and redeem S$5 vouchers for use on Qoo10 from 17 October 2017.

•
Exclusively for Samsung Pay users, Vaniday will offer a one-time S$15 off
discount on first-time booking (via Vaniday mobile app) to use on any beauty
and wellness service on the platform.

***

Samsung Pay, a mobile payment service from Samsung
Electronics, is simple, safe and available almost anywhere2 you can
swipe or tap your card7. Combining NFC (Near Field Communication)
with Samsung’s proprietary MST (Magnetic Secure Transmission) technologies,
Samsung Pay provides consumers a way to pay almost anywhere you can swipe or
tap a card7 at merchant locations. Samsung continues to
strategically expand its partnership ecosystem for Samsung Pay to provide
greater flexibility, access, and choice for customers while enabling an easy
and safe payment experience.

Samsung inspires the world and shapes the future with
transformative ideas and technologies. The company is redefining the worlds of
TVs, smartphones, wearable devices, tablets, digital appliances, network
systems, and memory, system LSI, foundry and LED solutions. For the latest
news, please visit the Samsung Newsroom at http://news.samsung.com.

1
Do not use with infants, please consult a doctor
before use if you have epileptic or other medical conditions. Iris Scanner may
be unable to read your iris where view of your iris is impaired or the
appearance of your iris changes, including when you are wearing glasses or
coloured contact lenses.

2
Availability almost anywhere is based on compatibility
of Samsung Pay on MST and/or NFC payment terminals, with some supported for use
only after software upgrades. Samsung Pay is exclusive to selected Samsung
Galaxy smartphones and smartwatches only, and available across all
participating payment networks, banks, and merchants. Availability may vary,
please check www.samsung.com/sg/samsungpay for updates.

3
Samsung Knox received the most ‘Strong’ ratings of any
mobile security platform in the report “Mobile Device Security: A Comparison of
Platforms” from Garter, Inc. The report, published on April 6, 2016, compared
the core of security features built into twelve mobile device platforms as well
as enterprise management capabilities. Source of data: https://news.samsung.com/global/samsung-knoxreceives-most-strong-ratings-of-anysecurity-platform-in-gartner-report-mobile-device-security-a-comparision-of-platforms.  4 Compatible with Samsung Galaxy
Note8, Galaxy S8/S8+, Galaxy J7 Pro, Galaxy S7 edge, Galaxy S7, Galaxy S6 edge+
and Galaxy Note5.

5 Compatible with Samsung Galaxy
Note8, Galaxy S8/S8+, Galaxy A5 (2017), Galaxy A7 (2017), Galaxy J7 Pro, Galaxy
S7 edge, Galaxy S7, Galaxy S6 edge+ and Galaxy Note5, Galaxy A5 (2016), Galaxy
A7 (2016), Galaxy A9 Pro (2016) 6 Terms and conditions apply.  All offers valid while stocks last.

7 Samsung Pay
is compatible with select cards. Visit http://www.samsung.com/sg/samsungpay/ to
learn more.