One million Koreans sign up for Samsung Pay

The number of Koreans using Samsung Pay has doubled in the last month to one million and 100,000 payments are now being made using the service every day, Business Korea reports. “Cumulative payments exceeded 100 billion won (US$88 million). Likewise, daily average payments increased from approximately 800 million won (US$705,192) to over 2 billion won (US$1.8 million) between the early stage of the service and recent days.”

  • Willam Hugh Murray, CISSP

    Growth is important and a good indicator of acceptance and preference. I would also like to know what percentage of users and transactions these figures represent.