According to a new report published by ET News, Samsung will launch a new version of its mobile payment platform in South Korea next month that will be available for use on all Android-powered smartphones operating on Marshmallow and iPhones running iOS 8+. The service has been dubbed Samsung Pay Mini and will not take advantage of the Magnetic Secure Transmission (MST) technology that put Samsung Pay ahead of the competition. Instead, it will be used exclusively to process online payments, which is an area that the standard build of Samsung Pay lacks use in as this type of transaction only accounts for around 20% of all payments.