Accumulated Transaction – Samsung Global Newsroom https://news.samsung.com/global https://img.global.news.samsung.com/image/newlogo/logo_samsung-newsroom.png Accumulated Transaction – Samsung Global Newsroom https://news.samsung.com/global 2016 https://news.samsung.com/global/wp-content/plugins/btr_rss/btr_rss_xsl.css What's New on Samsung Newsroom Wed, 22 Apr 2026 08:00:00 +0000 en-US hourly 1 <![CDATA[[Infographic] Samsung Pay Celebrates First Year’s Achievements]]> https://news.samsung.com/global/infographic-samsung-pay-celebrates-first-years-achievements Tue, 23 Aug 2016 22:30:41 +0000 http://bit.ly/2brKsCL Today marks the one year anniversary of Samsung Pay, the mobile payment system that is simple, secure and virtually anywhere.

Since its introduction, Samsung Pay has seen nearly 100 million unique transactions, and over 4 million Membership Cards registered. There are now more than 440 banking and merchant partners, and the number is continuously growing.

The infographic below illustrates how Samsung Pay, the most widely accepted mobile payment system, is working to rid the world of wallets and change the way people pay.

Samsung Pay Infographic_Main_1

* All functionality features, specifications and other product information provided in this document including, but not limited to, the benefits, design, pricing, components, performance, availability and capabilities of the product are subject to change without notice or obligation.

]]> <![CDATA[Samsung Announces a Successful Payment Launch in South Korea with $30 Million in Accumulated Transaction Volume in First Month]]> https://news.samsung.com/global/samsung-announces-a-successful-payment-launch-in-south-korea-with-30-million-in-accumulated-transaction-volume-in-first-month Wed, 23 Sep 2015 22:00:03 +0000 http://bit.ly/1oWKTs3 Samsung announced that Samsung Pay is off to a successful start in South Korea with more than $30 million (₩35.1 billion) in accumulated transaction volume through Sept. 20, one month since it first launched. Samsung Pay is proving its biggest advantage is its wide acceptance among merchants in South Korea with more than 1.5 million total transactions to date and approximately 60 percent of the transaction taking place on the Galaxy Note5 device. Usage of the mobile payment service has surged, recording approximately 36 percent active users in its first month with about 10 percent using Samsung Pay daily.

“Although the details on Samsung Pay usage are constantly being updated, the response we’ve received so far has been beyond our expectations,” said Injong Rhee, executive vice president of Samsung Electronics and global head of Samsung Pay. “We knew Samsung Pay would be a game-changer in the mobile payments industry and now with the user data, we are seeing the greater impact it is having on consumer behavior and on the lifestyle of our customers.”

Samsung Pay in South Korea also introduced several value-added services including:

  • Payments that support select integrated circuit (IC) readers;
  • Online payments using a Samsung Card (credit and debit); and
  • Advanced ATM cash withdrawal transactions using a Woori bank account, with
  • Transportation services and loyalty card memberships coming soon.

Samsung Pay is scheduled to launch in the United States on Sept. 28, with plans to bring the service to the U.K., Spain and China soon. Samsung Pay is currently available on the Galaxy S6, S6 edge, S6 edge+ and Note5 devices, and it is the first payment solution that is simple, secure and accepted almost anywhere you can swipe or tap a card. Samsung Pay will also support NFC technology on Samsung Gear S2 in select countries after the device launches.

]]>