Samsung Pay reaches one million active users in two months in South Korea

samsung-pay
Samsung’s mobile payments service continues to grow in its home country of South Korea, reaching a new milestone of one million active users.

The payments service launched two months ago in the region, supported by most banks and retailers. Samsung claims daily payments exceed 100,000, $1.8 million spent per day, and $88 million spend since launch.

It has not been hard for Samsung Pay to catch on in South Korea, considering the strong sales of the Galaxy S6, S6 Edge, and Galaxy Note 5. Samsung Pay has received a good amount of advertising and support in the country as well, nudging more users to try out the service.

The real test will be Samsung Pay trying to win over customers in Europe and the United States. The payments service is rolling out in the U.S. later this month on most carriers, but comes without the hype Apple Pay received when it launched earlier in the year.

Samsung Pay does have one feature both Apple Pay and Android Pay don’t, Magnetic Secure Transmission (MST). This removes the limitations of the other services, which only work with contactless readers, allowing users to pay for things on normal cash readers.

Samsung is competing with its software maker Google for the most popular payments service on Android. Google has a larger userbase, since it can tap into every mobile running Android 6.0 Marshmallow, while Samsung Pay will only work on a few Samsung devices.

The payments service currently works both offline and online in South Korea, and can initiate cash withdrawals at most major banks in the country. Samsung plans to add transport and membership card support by the end of the year, though it did not confirm if the same support will be added to the U.S. version.

Mobile

Sidestep banking fees with the nationwide launch of T-Mobile Money

T-Mobile has launched its Money banking service nationwide in the U.S., and it offers an extremely tempting set of features for everyone, including industry-leading interest rates, a powerful app, and no banking fees.
Mobile

We tried all the latest and greatest smartphones to find the best of 2019

Smartphones are perhaps the most important and personal piece of tech on the planet. That’s why it’s important to pick the best phone for your individual needs. Here are the best smartphones you can buy.
Mobile

Samsung Galaxy S10 update gives manual control of Bright Night mode

Samsung 2019 flagship smartphone lineup is here, and there aren't just two phones as usual — there are four. There's the Galaxy S10, S10 Plus, as well as a new entry called the S10e, as well as the Galaxy S10 5G.
Mobile

The OnePlus 3 & 3T both receive an open beta for Android Pie

Android 9.0 Pie has been released. But is your phone getting Android 9.0 Pie, and if so, when? We've done the hard work and asked every device manufacturer to see when their devices would be getting the update.
Mobile

Whether by the pool or the sea, make a splash with the best waterproof phones

Whether you're looking for a phone you can use in the bath, or you just want that extra peace of mind, waterproof phones are here and they're amazing. Check out our selection of the best ones you can buy.
Mobile

Walmart drops a killer deal on the Apple iPad Mini 4 tablet

The Apple iPad still reigns supreme in the tablet market, and the pint-sized 7.9-inch iPad Mini is the perfect everyday carry companion. Now’s the perfect chance to score a deal on the last-gen iPad Mini 4 before it’s gone for good.
Mobile

Google Creative Lab’s new AR experiment helps you learn how to draw

Google's Creative Lab developed an experiment called Drawalong AR that could make it easier for aspiring artists to follow YouTube tutorials. The experiment essentially leverages Google's ARCore to create a virtual tracing paper.
Home Theater

Set your ears free with the best completely wireless earbuds

If you can't stand the tangle of cords, or you're just excited about completely wireless earbuds, you're going to need some help separating the wheat from the chaff. Our list serves up the best true wireless earbuds around.
Mobile

Want to watch Netflix in bed or browse the web? We have a tablet for everyone

There’s so much choice when shopping for a new tablet that it can be hard to pick the right one. From iPads to Android, these are our picks for the best tablets you can buy right now whatever your budget.
Mobile

On a budget? We found the best affordable smartphones you can buy

Here are the best affordable phones for anyone working with a tight budget, whether you're a fan of stock Android or marathon battery life. Find out what you can get for under $500 or far, far less as we round up the best budget…
Mobile

Which smartphone has the best camera? We found the sharpest shooters

They say that the best camera is always the one you have with you and that makes your smartphone camera very important indeed. Join us for a closer look at the best camera phones available right now.
Mobile

Solve a galaxy of problems with a simple reset of your S10

If your Samsung smartphone is acting up, then you may want to try resetting it. We'll show you how to overcome simple issues with a soft reset and also how to tackle bigger problems or prep it for sale with a factory reset.
Mobile

Step into Childish Gambino’s musical universe with the Pharos AR app

Childish Gambino seems to be on a mission to take over everyone's smartphones. Now you can experience his musical and visual universe through his new Pharos AR app, available on Android now and iOS soon.
Mobile

iFixit's teardown might show the reason the Galaxy Fold keeps breaking

The Samsung Galaxy Fold has arrived, and it goes on sale soon. Folding out from a 4.6-inch display to a tablet-sized 7.3-inch display, this unique device has six cameras, two batteries, and special software to help you use multiple apps.