August 24, 2016Blog Posts

Samsung Pay hits 100m transaction mark on first anniversary

Finextra:

A year after launch, Samsung Pay has been used to make around 100 million unique transactions in seven countries, with the electronic giant’s home market of South Korea leading the way. As it wages a global battle with Apple and Google for the mobile payments market, Samsung says that it is racking up impressive numbers, with more than two trillion won (nearly $1.8 billion) in transactions in South Korea alone, of which 25% were online.

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