[image] Samsung is working on a ‘Galaxy O’ series

Samsung Pay brought in $30 Million in accumulated transaction volume in its first month

September 24, 2015
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Samsung proprietary mobile payment solution brought it a massive $30 Million in accumulated transaction volume within just a month of its debut in South Korea.

The impressive performance of Samsung Pay is evidence enough of the massive potential mobile payment solution in the developed world.

[image] Samsung is working on a ‘Galaxy O’ series

Kenya has so far been a pioneer of mobile payment via the M-Pesa platform and it was simply just a matter of time before the trend catches up with the rest of the world.

Samsung attributes the rapid adoption of its mobile payment service to the fact that its service is widely accepted by retailers in South Korea.

It will interesting to see how Samsung Pay will perform once it goes live in the United States later on in October.

Kevin is a Passionate Technology Enthusiast and the Lead Writer at MobiTrends. He has been writing about Smartphones and Mobile Technology since 2012. Drop him your comments below :)