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Mr. Park, a 50-year-old manager of a coffee shop in Yeouido, western Seoul, recently bought an integrated circuit (IC) card reader for 400,000 won ($343). Last summer, the country’s financial authority required shops to use them so customers could pay with…
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 company officially released Samsung Pay in South Korea on August 20. The platform, available for…
South Korean tech giant Samsung Electronics says the country’s 10 credit card companies have agreed to support its new mobile payment system, slated for launch today, Thursday. Korea will be the first market in which the Samsung Pay service is launched. It…
Samsung has launched a short, live beta test of its new mobile payment service. Samsung Pay, developed by Samsung Electronics, will soon be launched in its home market soon as a beta service for a 36 day trial period. Samsung Card says it will recruit beta…
Samsung Electronics, the world’s largest smartphone maker, says its new mobile payment platform, Samsung Pay, will be available for use by the second half of this year. The South Korean tech giant said it is moving to clinch ties with six local credit card…
Samsung Electronics Co. Ltd. has unveiled Samsung Pay, a mobile payment service that will enable MasterCard cardholders to use their Samsung Galaxy S6 for everyday in-store purchases. Owners of the new device will be able to use their MasterCard credit and…
