What's New in Payments

Korean banks back Samsung Pay

Korean banks are lining up to support Samsung Pay, including Shinhan Bank, KB Kookmin Bank, NH Nonghyup Bank and Industrial Bank of Korea, Korea Joongang Daily reports. “Currently, Samsung Pay only works with Woori Bank, but the exclusive contract between the two will expire next month, and now, more institutions are seeking to link up with Samsung Pay,” the publication says... More
















What's New in Payments

Apple Pay transactions decline on Black Friday

Only 2.7% of US shoppers with Apple Pay used the service on Black Friday to make a purchase in a store equipped to accept the mobile payment technology — representing a decrease from 4.9% last year, research from InfoScout reveals. Just 2% of Android owners used their device to make a mobile payment for eligible transactions during the day. More