Report by Tells of Growth of Samsung Pay Digital Wallet

Hamburg based E-Commerce and online payments research firm’s new publication, “Samsung Pay Profile 2017” outlines the features and the growth of the mobile payment service, introduced in 2015.

Hamburg, Germany, January 26, 2017 --( Samsung’s digital wallet extended to 10 new markets in 2016, and was enhanced with new value added features, as detailed in the report. One important characteristic of Samsung Pay is that in addition to being set up for NFC readers, it also can be used with magnetic stripe card readers at the point of sale. The service also can be used for payment in mobile applications as well as in a store. The report includes information on the transaction volume of Samsung Pay in its South Korea and partnerships in other selected markets where the mobile wallet is available.

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