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Samsung today announced that its payment service, Samsung Pay, is off to a successful start in South Korea where it managed to process transactions of more than $30 million in just a month.
The company notes that a total of 1.5 million transactions have occurred through Samsung Pay in this period, with over 60 percent of them taking place on the Galaxy Note5.
“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.”
Considering that Samsung Pay is only available on a handful of high-end Samsung devices, it is quite impressive that the payment service has already manage to process more than $30 million in transaction.
Samsung Pay is scheduled to launch in the United States from September 28. Samsung also reveals that it is working on brining its payment service to the United Kingdom, Spain, and China soon.
[Via Samsung]
