Samsung partners with American Express and Korea’s KB Kookmin to develop trackable payment cards

Samsung, KB Kookmin and American Express IOT credit card with BLE location verification

Samsung has signed a memorandum of understanding with South Korea-based KB Kookmin Card and American Express to develop an Internet of Things (IoT) credit card that will enable cardholders to connect their card to a Galaxy smartphone and verify its location using Samsung’s Bluetooth Low Energy-enabled SmartThings Find platform... More





What's New in Payments

Samsung Pay hits 5m users and is set for global expansion in 2016

Samsung Pay

Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More




NFC World

NFC shopping zone opens in Seoul

Banners advertise Seoul's NFC Zone

Korea’s leading mobile network operators, card networks, phone manufacturers and government agencies have joined forces to provide shoppers in Seoul’s busiest shopping district with a wide range of NFC services including payments, couponing, smart posters and digital receipts. More