Samsung Pay is growing faster than Apple Pay

According to a report published a few hours ago by Bloomberg Business the mobile payment platform of Samsung would have been adopted faster than Apple Payalthough it is currently only available in the United States and South Korea.

The growth of Samsung Pay scares the giant of Cupertino, in fact according to the research conducted by Crone Consulting LLC the services of the Korean company managed to convince further 5 million users in the United States alone, for operations worth over $ 500 million. In 17 months Apple Payon the other hand, he conquered “only” 12 million users in markets where available.

As mentioned many times, the success of Samsung Pay it is enclosed in the possibility of exploiting the MST technology to simulate the magnetic stripe of the card and not only the NFC like the rivals. This has ensured a faster diffusion even in the shops that have not yet adopted the new POS.

We remind you that in 2016 Samsung Pay will also arrive in Australia, Canada, Brazil, Singapore, Spain and the United Kingdom, and this could really give a hard time to Apple Pay.

Street