Samsung Pay Service Now Covers More Than 70% Of US Credit And Debit Card Market

Posted: Mar 3 2016, 12:39pm CST | by , in News | Technology News


Samsung Pay Service Now Covers More Than 70% of US Credit And Debit Card Market

Samsung has just unveiled that its famous service, Samsung Pay is now supported by 70 major banks and credit unions in the United States.

The company has further unveiled that Samsung Pay now covers over 70% of the country's credit and debit card market.

The company unveiled this good news in a press release, today. Samsung also announced that the service also backs eligible credit and debit cards from Wells Fargo.

To those who don’t know, Well Fargo is an American international banking and financial services holding company.

Apart from the above mentioned details, Samsung also unveiled that the Samsung Pay service has attracted around 5 million users.

Furthermore, the company has also processed more than $500 million in transactions since the mobile payments service started in the US.

The payment initially started around September last year.

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The Author

<a href="/latest_stories/all/all/32" rel="author">Ahmed Humayun</a>
Ahmed Humayun is a technology journalist bringing you the hottest tech stories of the day.




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