Samsung recently launched their Samsung Pay mobile payment system in three new countries, Spain, Singapore and Australia.
The company first launched Samsung pay in South Korea last year and the service also launched in the US last year, it is also coming to the UK, Brazil and Canada this year.
Samsung have revealed that they have now processed more than $1 billion in transactions in South Korea since the launch of Samsung pay.
Samsung Pay is fueling strong consumer adoption and a growing partner ecosystem. The service has processed more than $1 billion in transactions in South Korea since its launch less than a year ago, demonstrating the increased adoption and showcasing its position as a preferred service for making secure, convenient payments.
Also since launching in the U.S. in September 2015 with four banks and support for credit, debit and private label credit card payments, Samsung Pay is now supported by 300 major and regional banks and credit unions. Value-added services such as gift cards, and membership and loyalty features have been added as well with more than 110 merchants joining Samsung Pay’s Gift Card program and more than 140 retailers participating in its membership and loyalty cards program.
Source SamsungFiled Under: Top News