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Samsung Pay Boasts 80,000 Registered Credit Cards in First Week

By Sarah Grotta
August 26, 2015
in Analysts Coverage
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Diversity of Casual People Communication Technology Concept

Diversity of Casual People Communication Technology Concept

Samsung Pay is off to a good start as it rolled out in South Korea this week as reported in ITPro:

Reports indicate that more than 80,000 credit and debit cards have been registered with the mobile payments service since it was made available on 20 August.

When Apple Pay launched it achieve over a million registration sin half the time, but we are comparing very different markets. Samsung Pay is announced to launch on September 28, 2015 in the U.S., unless of course all the rumors about Android Pay potentially launching this week drive an earlier start date for Samsung.

Overview by Sarah Grotta, Director, Debit Advisory Service at Mercator Advisory Group

Read the full story here

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