By John McCarthy

Samsung Electronics has said its mobile payment service has processed over $30m worth of transactions since its launch in home market South Korea.

Since launching the mobile payment scheme one month ago, it has processed a more than 1.5 million total transactions via the NFC-based tech.

The company claimed that approximately 60 percent of transactions took place on the Galaxy Note5 device. Furthermore, the company claimed in a statement that 10 per cent of mobile owners made use of the app daily.

Injong Rhee, executive vice president of Samsung Electronics and global head of Samsung Pay, said: “Although the details on Samsung Pay Read full story ›

Source: The Drum