South Africans who bank with Absa will be among the first people to try out Samsung's mobile payment and digital wallet service.
The number of mobile payments authenticated by biometrics will rise to nearly two billion this year, up from just over 600 million in 2016.
Research from Juniper anticipates the imminent surge of contactless payment users.
Purchases via Apple Pay and Android Pay are expected to reach $8 billion by 2018, says Juniper Research.
The coming year will see dramatic change in advanced persistent threats and an increase in mobile attacks, the security firm speculates.
Google's one-touch payment app was rolled out in over a million locations across the US yesterday.
Google announces several disruptive product moves, including Android Pay, offline Google Maps, and gesture control development.
Google hopes its payment system will become the backbone for payments across its operating system.