Samsung Pay has been on the market for 5 months already, and so far there are 70 major banks as well as credit unions that support Samsung Pay over in the US. From today onward, you will be able to add one more name to the list, as Samsung Pay now supports eligible Wells Fargo credit and debit cards.
This particular addition of Wells Fargo would mean that Samsung Pay will now have more than 70% of the US credit and debit card market covered, now how about that when it comes to convenience as you check out your purchases?.
Injong Rhee, Head of R&D, Software and Services, Samsung Electronics Mobile Division, shared, “I am delighted to have Wells Fargo on board with Samsung Pay and that our users can now enjoy more choices in debit and credit cards. Samsung Pay is gaining its momentum in customer adoption, and we will continue to expand the list of issuers. I look forward to offering many compelling mobile payment services to our joint customers together with Wells Fargo.”
So far, Samsung Pay has announced that approximately five million registered users have processed more than 500 million dollars in the first half dozen months alone, driving a strong adoption rate in its home country, South Korea, as well as in the U.S. Not only that, Samsung Pay is set to launch in China this month, which will certainly see the service cater to even more consumers in due time. [Press Release]
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