Technology
Samsung Pay hits 2 tln won in accumulated transactions in Korea
Aug. 24, 2016
Samsung Electronics Co.'s mobile-payment service, Samsung Pay, has hit 2 trillion won ($1.8 billion) in accumulated transaction volume in South Korea, the company said Wednesday. The record came about one year after Samsung launched the mobile-payment service at home. Of the accumulated transaction volume, the value of fingerprint-identification mobile payments, which started this year, stood at about 500 billion won, Samsung said. Samsung is expanding the mobile-payment service globally. The co