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 [...]
SEOUL, Sept. 16 (Korea Bizwire) — Samsung Electronics Co. signaled Wednesday that the tech giant may expand its latest mobile payment system to budget smartphones, and expected the number of its users to grow further down the road. Samsung Pay, officially launched in South Korea last month, is currently available for only high-end smartphone models [...]
Samsung Card ran a pilot program for ‘Samsung Pay’, Samsung’s mobile payment system, with its members. Most users responded positively, as 86.4 percent reused the service. (Image : Samsung Pay Homepage) SEOUL, Sept. 8 (Korea Bizwire) – Samsung Card ran a pilot program for ‘Samsung Pay’, Samsung’s mobile payment system, with its members. Most users [...]
SEOUL, Sept. 4 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics showcased its latest smartwatch in Germany on Thursday, saying that the device will be available for sale early next month. Samsung said the Samsung Gear S2, the company’s first circular smartwatch unveiled at an annual trade show in Berlin, will hit the world [...]
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 [...]
SEOUL, Aug. 6 (Korea Bizwire) — South Korea’s No. 2 tech giant LG Electronics is set to join forces with U.S. Google for a smartphone with an Android-based payment system, industry sources said Thursday, commencing its struggle to catch up to rivals. LG Electronics is anticipated to showcase Google’s next Nexus smartphone in October, according to the sources. [...]
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 [...]
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 [...]
SEOUL, July 7 (Korea Bizwire) – Samsung Pay, the proprietary mobile payment service developed by Samsung Electronics, will be introduced in its home market soon as a beta service. Samsung Card announced on July 6 that it would recruit beta testers for Samsung Pay until July 10. The beta testers will experience the Samsung Pay service [...]
SEOUL, June 25 (Korea Bizwire) — Naver, South Korea’s top Internet portal operator, said Thursday it has started a mobile payment service as part of a push into the fast-growing online platform business for e-commerce. Naver Pay, available starting Thursday, allows users to pay for an item online only with their Naver IDs, a stark [...]