Apple Pay goes to compete head-on with Samsung Pay in South Korea

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Apple Pay goes to compete head-on with Samsung Pay in South Korea

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Apple Pay will lastly grow to be obtainable in Samsung’s dwelling nation of South Korea “within the coming months”, in partnership with Hyundai Card, the bank card service unit of Hyundai Motor Group.

The launch of Apple Pay might be fascinating to comply with, as it’ll go face to face with Samsung Pay within the latter’s dwelling market. Understandably, to this point Samsung Pay has dominated the cell funds house in South Korea, with a market share of round 80%.

Final week, Korea’s Monetary Providers Fee confirmed that bank card companies within the nation are allowed to launch the Apple Pay service given that they do not cost shoppers or retailers any charges for it. Therefore, Hyundai Card is now desirous to make it occur.

South Korea might be Apple Pay’s tenth Asia-Pacific territory. Proper now it is already obtainable in Australia, New Zealand, China, Hong Kong, Macao, Japan, Malaysia, Singapore, and Taiwan.

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