Samsung Pay

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Samsung Pay Surpasses 14 Million Subscribers in South Korea

Samsungs mobile payment service, Samsung Pay, hashit 40 trillion won ( 33.65 billion) in accumulated transaction volume in South Korea. The number of subscribers has also surpassed the 14 million mark as of April 2019, the company said. Launched in August 2015, Samsung Pay hadlogged transactions worth 2 trillion won ( 1.

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Apple Pay Leads in Users but Samsung Pay Users More Engaged

Apple Pay is the go-to digital wallet for most debit card users, according to new data from Auriemma Consulting Group. An Auriemma study of debit card issuers shows that Apple Pay makes up 77 percentof mobile wallet transactions. Samsung Pay and Google Pay, Apple Pay’s main competitors, make up 17 percentand 6 percentof transactions, respectively.

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Samsung Pay Celebrates Three Years: Available on Six Continents, 1.3 Billion Transactions Completed

Samsung posted a press release highlighting the third anniversary of Samsung Pay. You can now use Samsung Pay on every continent in the world, except for Antartica. Found in 24 markets, the latest includes South Africa, Samsung has seen more than 1.3 billion transactions completed.

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Chase Links Payment App to Samsung Pay Mobile Wallet

Chase Bank’s Chase Pay customers who use Samsung Galaxy smartphones can now link their mobile wallet to Samsung Pay. Customers are now able to use Samsung Pay’s magnetic secure transmission (MST) technology, along with near-field communication (NFC) capabilities, to pay with the Chase Pay app at millions of merchants in the U.S.

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Samsung Pay: Cash Back and Rewards Deliver Omnichannel Value to Consumers

The traditional piggy bank may have outlived its usefulness in economies that are less and less cash-based, but that doesn’t mean it’s time to retire the concept entirely.

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Cash Back Rewards Coming to Samsung Pay

Samsung is making Samsung Pay an even more complete mobile wallet platform with the introduction of a cash back feature that the company announced in a recent blog post.

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Another ‘Big Five’ Canadian Bank Lends Samsung Pay Support

Royal Bank of Canada has become the latest major Canadian bank to offer support for Samsung Pay, Samsung’s biometrically secured mobile payments platform.Samsung Pay first launched in the country toward the end of 2016, in cooperation with CIBC.

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