Samsung Pay seems to be growing by leaps and bounds. After surpassing a million user in South Korea, Samsung has confirmed that they’ve witness a strong growth in the US market. Although Samsung hasn’t shared the number of users but confirmed that there is a strong indication of repeat usage. The service averaged eight transactions […]
Samsung Pay
Samsung Pay surpasses a million users in South Korea
Samsung Pay has been off to a great start, at least in Samsung’s home market. The company has confirmed today that their total number of users in South Korea have surpassed the million mark, in just over 2 months after the service started on August 20. Till now, Samsung Pay has processed payments over 100 […]
Report: Samsung Pay’s underlying tech was apparently hacked
Samsung Pay has been getting some favourable reviews, thanks to its ease of use and wide compatibility but this report by NY Times doesn’t bode well for the Korean giant and its payment service. According to the report, LoopPay, which Samsung bought and now uses their technology in its Samsung Pay service, was hacked by […]
Samsung Pay rollout begins from August 20
Samsung’s Pay service was announced a few months back but Samsung will only start rolling it out later next week. At the Unpacked event yesterday, Samsung announced the rollout of the service from August 20 in South Korea followed by the US on September 28. UK, Spain and China will get it at a later […]
Samsung’s new smartwatch to support mobile payments
It’s no secret that Samsung’s been working on a new smartwatch and going by Electronic Times’ report, the Korean company is also looking to integrate mobile payments in the smartwatch. Samsung’s implementation for mobile payments on smartwatch will work similarly to Apple’s solution that will allow users to pay through NFC. Samsung has apparently delayed […]