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Apple Pay and Samsung Pay will continue to be challenged by the emergence of wallets with QR codes
The mid-ranger will cost £369 and is available in four colours
Samsung Pay is available on Samsung Galaxy Note8, S8/S8+, Galaxy S7/S7 edge, S6/S6 edge, S6 edge+, A3 2017, A5 2016 and J5 2017 devices
Other partners include: First Direct, HSBC, M&S Bank, MBNA, Nationwide and Santander
Contactless spend has now reached £9 billion across the same period. In comparison contactless payments hit the £10 billion mark for the whole of 2016
Manufacturer expands number of major payment networks and banks that contactless mobile payment method supports
Consumers can set up the payment service by adding card details to the Samsung Pay app from today
The contactless payment service is available in seven countries, with a UK release expected by the end of this year
According to figures from accountancy firm KPMG, the number of mobile banking users will hit 1.8 billion by 2019
Device has dual-edge display and will be available in UK from September 4