After Apple’s pay services now it is the time for Samsung pay. Samsung has officially announced that they will be sooner bringing their own digital wallet services for their consumers. Samsung is bringing own digital wallet in collaboration with Alibaba. This partnership is rumored to be really giant. Alibaba is one of the largest and well known e‐commerce companies in the world. Samsung will be integrated with Alibaba’s pay subsidiary known as Ant Financial Services.

They are said to be boasting to have registered about 450 million users on their platform. The Korean giant Samsung as well as the ecommerce giant Alibaba both of the companies will be getting good benefit from each other. Samsung the well‐known Korean company will be getting a free entry in the Chinese market due to the e‐commerce giant. They can monetize their Chinese business contacts for expansion of their business and stretching their legs in the Chinese territory and Alibaba will be getting some headway in the online payments sector. Samsung will be competing with Apple who has already established their network. Looking at the network of the Apple they have already established their client’s base with more than 30 banks in United States. This is one of the largest and most dominating partnerships in China. Samsung with Alibaba will for surely rule in the market. There is no surety as such that when will the services be commencing in the market. It is a huge project which will take good amount of time for the company. If the process gets too much delayed then by the time they will be able to launch the channel Apple will only be working with all parts of the world apart from China. If Samsung and Alibaba is looking to expand together they should be drilling on their projects sooner and getting the work started.