Samsung Prepares For Global Rollout Of Its Mobile Payment System

Samsung's mobile payment system, Samsung Pay, has reached one million active users in South Korea alone, with over 100,000 daily transactions being made in the country's restaurants, supermarkets and department stores using the system, reported Android Headlines Oct. 26. To date, $88 million worth of purchases have been made through Samsung Pay since its launch two months ago on Aug. 20, with an average of $1.8 million worth of payments daily compared to the $705,192 in its first few weeks.