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Tuesday, 14 May 2019

Samsung Pay reaches 14 million users worldwide

Ever since 2015 Samsung users had the opportunity to use their phone as a digital wallet for contactless payments. The service has since expanded to support Samsung smartwatches and made its way to more than 25 countries with 14 million users across the globe. Still, it seems that Samsung's mobile payment service is most popular in its home country of South Korea, which accounted for nearly 80% of its simple offline payments. This April, Samsung Pay surpassed KRW 40 million ($33.7 million) in transactions with 25% of the transactions coming in the form of online payments according to...

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