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    News in brief

    No Samsung Pay fees for Korean issuers

    News in brief

    No fees will be charged by Samsung to card issuers making use of its new Samsung Pay service in Korea, Business Korea reports, “to help dominate the rapidly-growing mobile payments market”. Samsung’s revenue plan for the US “is still unknown”, the report adds, “but an industry source said that the company is unlikely to charge fees in the US in light of its decision in Korea”.

    Filed by Email Sarah Clark Published • Last updated 9 March 2015, 17:00

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