• CEO: Han Jong-Hee (Samsung Electronics CEO)
• Revenue: Part of Samsung Electronics (US$244bn in 2021)
• Headquarters: Suwon, South Korea
• Employees: Part of Samsung Electronics (267,937 in 2021)
• Founded: 20 August 2015
Samsung Pay is a cutting-edge digital wallet and mobile payment service that revolutionised contactless transactions. Initially utilising both NFC and MST technologies, it offered unparalleled compatibility with existing payment terminals. The platform supports an array of cards, including credit, debit and loyalty cards. In 2022, Samsung Pay evolved into Samsung Wallet, incorporating additional features such as digital IDs, keys and cryptocurrency monitoring. The service’s robust security measures, powered by Samsung Knox, ensure users’ financial data remains protected during transactions.