SEOUL, Oct. 26 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it will launch its mobile payment service, Samsung Pay, in Russia, Thailand and Malaysia later this year, bringing the service to a total of 10 countries. The South Korean tech giant said it will form a partnership with Mastercard to offer a simplified online [...]
SEOUL, Aug. 24 (Korea Bizwire) – Samsung Electronics Co.’s mobile-payment service, Samsung Pay, has hit 2 trillion won (US$1.8 billion) in accumulated transaction volume in South Korea, the company said Wednesday. The record came about one year after Samsung launched the mobile-payment service at home. Of the accumulated transaction volume, the value of fingerprint-identification mobile [...]
SEOUL, June 29 (Korea Bizwire) – South Korea’s top Internet portal operator Naver Corp. said Wednesday that the user count of its mobile payment tool, Naver Pay, has topped 11 million a year after its launch, as more smartphone users opt to use it to make e-commerce purchases. A total of 11 million active users [...]
SEOUL, May 11 (Korea Bizwire) – South Korea’s retail conglomerate Lotte Group is ratcheting up efforts to promote its own mobile payment platform, L Pay, industry watchers said Wednesday, as such services gained popularity over previous months amid the rising number of smartphone users. Lotte Group chairman Shin Dong-bin was recently quoted as saying by [...]