Samsung Pay passes 1.3b transactions in 3 years


Samsung Pay’s growth accelerates forward, surpassing more than 1.3 billion transactions globally as the payment service is celebrating its third anniversary.

DJ Koh, president and CEO of IT & Mobile Communications Division, Samsung Electronics says: “Since we launched Samsung Pay three years ago, we have been dedicated to delivering a mobile wallet platform that is simple, secure and works almost anywhere. We have been expanding its availability and forming strategic partnerships in each market to meet the unique needs of their users. And we’re not limiting ourselves to a mobile wallet – by integrating with our other mobile services, consumers will be able to earn Samsung Rewards points, use Bixby for a more seamless payment experience and more.”

Even though the platform is available on six continents and 24 markets globally, the numbers are not much when compared to its rival Apple Pay, which has more than one billion transactions in the last quarter.


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