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Samsung Pay Processes 1.5 Mln Transactions in One Month after Its Debut

Samsung Pay Processes 1.5 Mln Transactions in One Month after Its Debut

SEOUL, Sept. 24 (Korea Bizwire) — South Korea’s top smartphone maker Samsung Electronics said Thursday its mobile payment solution has processed tractions totaling US$30 million in the month after its debut in South Korea. The South Korean giant officially released Samsung Pay at home on Aug. 20. The platform, available for Samsung’s high-end smartphones, including [...]

Credit Card Firms to Support Successful Launch of Samsung Pay

Credit Card Firms to Support Successful Launch of Samsung Pay

SEOUL, Aug. 18 (Korea Bizwire) – South Korea’s top tech giant Samsung Electronics said Tuesday the country’s 10 credit card companies have agreed to support its new mobile payment system whose launch is slated for later this week. The Samsung Pay service, scheduled to debut on Thursday in South Korea, supports not only the near field [...]

Card Industry Busy Preparing for Full-fledged Use of Samsung Pay

Card Industry Busy Preparing for Full-fledged Use of Samsung Pay

SEOUL, Aug. 4 (Korea Bizwire) – Prior to the official launch of Samsung Pay, Samsung Electronics‘ simple on and offline payment solution, Korean card companies are busy preparing for the service. According to credit card industry representatives, Samsung Card, Samsung Group’s card company, and BC Card are now offering a trial run of Samsung Pay [...]

Samsung, Google, Naver at War over Mobile Payment Systems

Samsung, Google, Naver at War over Mobile Payment Systems

Seoul, July 13 (Korea Bizwire) – Information Technology (IT) companies are getting busy before the second half of this year, when the issue of mobile payment systems is expected to come to a head. Samsung Electronics, Google and Naver, three industry powerhouses, are set to launch mobile payment systems that are expected to have widespread influence on [...]

Samsung Pay to Be Available in US in September

Samsung Pay to Be Available in US in September

SEOUL, June 3 (Korea Bizwire) — South Korean tech giant Samsung Electronics said Wednesday it will launch a mobile payment platform in South Korea and the United States around September. Samsung Pay will be available upon the release of Samsung’s next flagship model around September, and the company will gradually expand sales to China, Europe, Australia [...]