What’s the Real Reason Behind Samsung Pay Going Fee-Free?

Samsung is poised to launch its mobile payments service Samsung Pay in Korea and the U.S. later this year. As reported by Business Korea, Samsung has decided not to collect fees on Samsung Pay. Samsung’s decision seems to be aimed at gaining a sizable portion of the mobile payments market in the initial phase itself. Samsung has decided not to charge the credit card companies it has partnered with. Moreover, Samsung is also planning not to charge value-a ...

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