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Here you will find the latest news and most recent developments on the Pay, with regular updates and all the information you need.
Samsung has reportedly announced that it will not charge any commission to card companies for Samsung Pay transactions. Over the past few weeks, it has been reported that Samsung may start charging commissions to card companies, similar to Apple Pay. However, the company has denied that it will do something like that. Samsung Pay remains […]
Samsung Pay was launched in 2015, and it has been close to eight years. Over the years, Samsung partnered with dozens of banks and card providers worldwide to bring easy mobile payments to consumers. However, the company has decided to drastically change its strategy over the past few months after the launch of Apple Pay […]
Last year, Samsung launched its credit card in India in partnership with Axis Bank, offering customers cashback when they buy Samsung products. And it could be rivaled by Apple's own credit card if things go as planned by the iPhone maker. It is being reported that Apple is in the process of launching the Apple […]
Earlier this year, Apple finally released its mobile payment solution in South Korea, rivaling Samsung on its home turf. And now, Apple is reportedly working on bringing the fight to Samsung in India. Apple appears to be in talks with Indian officials and authorities to bring the Pay service to the South Asian country. In […]
In an official newsroom post, Samsung announced that it will hold special affiliate marketing events in South Korea. These marketing events will be for Samsung Pay, and they will focus on expanding the user experience with various brands. The aim of this event is to make users comfortable using Samsung Pay quickly and easily with […]
To counter Apple Pay's entry in South Korea, Samsung launched the integration of Samsung Pay with Naver Pay two months ago. It allows Samsung Pay users to make payments for products and services inside smartphone apps and other online shopping services. Since the integration, Naver Pay has seen a massive surge in users. A report […]
Samsung has launched the Galaxy A24 in South Korea. The smartphone was first unveiled last month and was then launched in Indonesia, Malaysia, and Thailand. It is now available in South Korea, and it can be purchased starting tomorrow. The Galaxy A24 (LTE) is priced at KRW 396,000 (around $296) in South Korea. It is […]
Samsung has announced that it has signed an MoU (Memorandum of Understanding) with the Bank of Korea to collaborate on technical research for offline CBDC (Central Bank Digital Currency). This research aims to bring secure wire transfers and payments to Samsung Galaxy smartphones and smartwatches through a form of digital currency issued by the country's […]
After the launch of Apple Pay in South Korea, Samsung is changing its whole strategy around Samsung Pay. The company's mobile payment service was free for consumers and credit card companies. However, the South Korean firm plans to charge credit card companies in a fashion similar to Apple. Samsung Electronics has reportedly notified all credit […]
After years of speculation, Apple finally launched Apple Pay in South Korea, Samsung's home country. It is now competing with Samsung Pay and Naver Pay, the two most popular mobile payment systems in the country. And it looks like Apple Pay is expanding rapidly in South Korea. According to a report from South Korea's ETNews […]
As lame as it sounds, Galaxy Watch users in South Korea can't make mobile payments using Samsung Pay on their smartwatch. Although those smartwatches feature NFC, Samsung Pay isn't available to them in Samsung's home country. However, that could change soon, thanks to Apple. Apparently, Samsung is thinking of activating the Samsung Pay feature on […]
Samsung has announced that Samsung Pay's integration with Naver Pay will start in South Korea tomorrow. Naver Pay and Samsung Pay are among the biggest mobile payment services in the country, and they're collaborating to compete with Apple Pay which recently entered the South Korean market. This collaboration enables Samsung Pay users to pay for […]
Samsung Pay, which is among the top three mobile payment services in South Korea, now has a new rival. As expected, Apple has launched Apple Pay in the country and will now compete with Samsung Pay, Kakao Pay, and Naver Pay, among others. However, Apple has been quite slow in rolling out its mobile payment […]
Samsung appears to be reacting to Apple's recent announcement that it will bring the Pay platform to South Korea this year. But Samsung is not the only domestic provider seemingly taking precautions against what could become a great competitor in the mobile payment market in Korea. Naver Pay, Korea's second-largest mobile payment provider, has just […]
The FSC revealed last week that Apple Pay meets regulations and could come to South Korea if the US-based company decides to compete in this market. And today, Hyundai Card and Apple confirmed that the mobile payment solution is on its way. The two companies have reportedly worked together for the past few months to […]