Samsung Pay hits 500,000 registrants as US debut nears

It was only a week ago that we were reporting 25,000 sign-ups for Samsung Pay and now a new report from Business Korea tells us that Samsung Pay has passed 500,000 registrations in the United States. If the mobile payment service keeps this up it's expected to surpass one million subscribers in a month or two. So far Samsung Pay has been launched in South Korea with a huge success and the tech company wants to roll out its mobile payment service to many other countries like Spain and the U.K. but before it reaches those countries it will make its debut in the U.S. on the 28th of September. What's more is that the recently announced Gear S2 is also set to support Samsung Pay starting with November, and this will be a huge plus to the device.

We can expect Samsung to get a wider reach in the Asian market with the mobile payment system as UnionPay is also considering connecting it service to Samsung Pay which would be a huge move as they currently have 22 million affiliated stores nationwide and has issued about 5 billion credit and check cards in China.

Source