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Samsung Wallet Tops 18.6 Million Users in South Korea on 10th Anniversary

Bolstering its global reach, the platform recorded 88.6 trillion won in annual transactions with new financial services.

Overview

  • It reached over 18.6 million users in South Korea, representing roughly one-third of the population.
  • The value of transactions processed through the wallet rose to 88.6 trillion won in 2024, bringing its cumulative total to 430 trillion won.
  • Beyond payments, users can store transportation cards, loyalty memberships, airline tickets and mobile coupons on the platform.
  • The service operates in 61 countries with support for NFC and QR code payments through local partnerships.
  • The US rollout has added buy-now-pay-later options and peer-to-peer transfers to its functionality.