Samsung Pay now has 5 million users

Samsung Pay now has 5 million users
Samsung has announced that their fledgling mobile payments service Samsung Pay now has over 5 million registered users.

In the service's first six months, Samsung has processed over $500 million in transactions, all from consumers in South Korea and the United States.

"Since its introduction last year, Samsung Pay has changed the way people pay and use their smartphones," said InJon Rhee, Samsung's head of research and development and EVP of mobile communications, in a statement. "We've already seen significant consumer adoption and we continue to see great momentum. Our aim is to expand Samsung Pay to even more locations around the world, and our customers should expect to see more features in the year to come."

Samsung Pay is expanding to China, Australia, the UK, Brazil, Singapore and Spain this year.

Source:
VB


Written by: Andre Yoskowitz @ 21 Feb 2016 21:02
Tags
Mobile Payments Samsung Pay Smartphones
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  • 1 comment
  • hearme0

    These numbers are HORRIBLE!

    5 million???

    There are 310 million in the U.S.A. alone. Add 50 million S. Koreans and now we are totalling 360 million.

    That's 13.8% of TWO COUNTRIES. That sucks considering the amount of Samsung owners in the two places.

    24.2.2016 10:06 #1

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