After One Month, Samsung Pay Is Off to ‘Successful Start’ in South Korea, Samsung Declares
One month in, the Samsung Pay digital wallet platform is off to "a successful start” in South Korea, having amassed more than $30 million in “accumulated transaction volume” through Sept. 20, the company said in a Wednesday announcement. Samsung Pay…
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accounted for more than 1.5 million “total transactions,” 60 percent of them completed through the Galaxy Note5 smartphone, it said. The company estimates that 10 percent of Samsung Pay’s “active users” performed transactions on the service daily in the first month. Samsung Pay launches Monday in the U.S., with plans soon to bring the service to the U.K., Spain and China, Samsung said.