Samsung (Photo : Reuters)
The recently introduced Samsung Pay is already gaining popularity in South Korea.
Samsung Pay is yet to be released in the US market. The Galaxy wireless payment service is being used in almost every household in its parent country, according to iDigital Times.
On an average, the daily Samsung Pay registration is more than 25,000, according to Android Authority. The tech giant's tap to pay system is all set to give a tough competition to Apple Pay and Android Pay. However, the South Korean company still thinks that the plastic credit card usage needs to be curbed in order to promote the tap to pay option for the smart phone users.
Many people are still unaware of the benefits of this feature. In order to make them ditch their credit cards and choose this option of payment, Samsung is planning to launch an extensive marketing campaign.
The sole purpose of Samsung Pay is to make mobile payment easier and more secure for the users and merchants. It diminishes the need to keep a track of credit card details. It will also make the users more comfortable as they will no longer need to carry their cards and cash. Everything can be done with a single application.
Apple Pay was banned earlier in the UK due to violation of some rules. However, Samsung is already in a healthy business relationship with the South Korean banks. In addition, many merchants as well as consumers are really happy with this feature, giving out positive feedback to the company.
Samsung is planning to launch Samsung Pay in the US on Sept. 28. The rest of the world is expected to get it within this year.
