Apple Pay is lastly making it to South Korea, round eight years after it was initially launched. The arrival of the service in Samsung’s residence nation has been talked about fairly a bit not too long ago, and as we speak Apple confirmed the transfer in the Korean model of its press launch asserting the brand new yellow iPhone 14 and iPhone 14 Plus fashions.
The machine translated related paragraph seems like this:
As well as, as Apple is about to launch Apple Pay in South Korea, Korean customers will have the ability to make straightforward, quick, and safe funds utilizing Apple Pay on their iPhone, together with the brand new iPhone Yellow, and in on-line retailers and apps.
There’s nonetheless no precise launch date for Apple Pay, however the service has cleared a vital hurdle final month, when South Korea’s Monetary Companies Fee confirmed that bank card corporations within the nation are allowed to supply Apple Pay given that they do not cost customers or retailers any charges for it.
Maybe it will not shock you to listen to that Samsung Pay completely dominates the cell funds area in its residence market, reaching round 80% market share. This can now undoubtedly be eaten into by Apple Pay.
iOS 16.4, which is presently within the beta testing section, has some references to Apple Pay in South Korea, so the service might formally launch within the nation as soon as this replace will get a basic launch later this month or in early April.
