Samsung Pay will expand the market in 2020, Samsung mobile payment system, Samsung payment system Samsung plans to expand its payment service to more countries.
Indonesia was the last and only lucky woman to gain access to this system in 2019. Today, Samsung (Pay) can be used by residents of 26 countries, and the total number of active users is more than 14 million people. The most popular payment service is in South Korea, which is not surprising, given where the “roots” of the company are located. 80% of all payments are in this country. It is worth noting that Apple Pay, which is a leader in this area, has a user base of more than 380 million people.
The Samsung Paying mobile payment system has the main difference over its direct competitors – Google Pay and Apple Pay, which consists in supporting MST. This technology allows Samsung Pay to work with almost any terminal that accepts cards with magnetic tapes. Recently, new features have been added, including the ability to create Pay Cash debit cards and the ability to make international transfers in 47 countries, and not necessarily Paying Samsung users.
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So, the company does not stop at its achievements and in 2020 plans to expand the market for its payment service. True, the list of countries on which she laid her eyes is still unknown. We hope that a large number of users will get access to Samsung Paying.