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Samsung Electronics Partners With Tencent, Woori Bank for Wallet Payments in China
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Samsung Electronics Partners With Tencent, Woori Bank for Wallet Payments in China
  • Samsung Electronics signed an agreement with Tencent and Woori Bank on Oct. 26, 2026, to expand Samsung Wallet Money overseas payments.
  • The partnership enables Korean Samsung Wallet users to pay at WeChat Pay merchants across China using QR codes.
  • Payments carry no overseas transaction fees; offline purchases earn 0.3% in Samsung Wallet Points with no rewards cap.
  • The partners plan to extend QR payments in China to credit cards in the first quarter of 2027.
  • Samsung Wallet Money is also introducing NFC contactless payments in China and other overseas markets.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Samsung Electronics Co. Ltd. published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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