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September 17, 2015

Samsung Pay surpasses 500,000 registrations as US launch nears on Sept 28

by John_A

samsung-pay-galaxy-s6-edge

The beta program for Samsung Pay began rolling out in the US last month, but how is Samsung’s mobile payments system faring in its home territory, South Korea? Pretty well, it seems, averaging over 25,000 registrations per day since its official launch on August 20th and going past the 500,000 milestone in less than a month.

Samsung Pay will launch in the US on September 28th, partnering up with the Bank of America, U.S. Bank, Visa, and MasterCard. Samsung has also partnered up with MasterCard to bring Samsung Pay to Europe while it’s thought that Samsung is in talks to connect UnionPay’s QuickPass card service to Samsung Pay in China. UnionPay services around 5 billion credit and check cards in China, so this would be quite the boost for Samsung Pay when it launches in China before the end of 2015.

 

Source: BusinessKorea
Via: SamMobile

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