Samsung Pay

Samsung Pay is a card wallet designed primarily for users of Samsung’s Android mobile devices. As with most card wallets, the consumer must have a credit or debit card to use the service. Payment information is stored on the phone, allowing customers to use their mobile device to pay online, in-app and in any retail outlet with a compatible point-of-sale (POS) system. Customers can add a range of supported payment types to the wallet – including common credit and debit cards – and then quickly choose which they want to use when they are at the checkout.

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Type Wallet
Company behind LPM Samsung
Market share details Samsung is one of the largest mobile device brands in the world and around 14 m users were subscribed to Samsung Pay at the end of April 2019.
Market relevance High

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