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Samsung Pay Card now available in South Korea

Samsung Pay Card hits South Korea (Source: Samsung Newsroom South Korea)
Samsung Pay Card hits South Korea (Source: Samsung Newsroom South Korea)
Samsung Pay users in South Korea just got a new physical card that can be used for multiple tasks and comes with discounts that can reach 5 percent. This move comes not long after the introduction of similar cards in the United States and the United Kingdom.

Today, the South Korean market gets a new card for Samsung Pay users. Simply called "Samsung Pay Card," this is a credit card specially created for Samsung Pay users and comes with a set of various discounts that will be supplemented until the end of the year with additional bonuses.

The aforementioned discounts are 1 percent for offline stores and 1.5 percent for online purchases. However, a 0.5 percent additional discount will be available until December 31, but this does not stop here — payments made at the Samsung Pay coupon shop are eligible for a 3 percent discount. Lastly, a 2 percent discount applies to transactions that involve postpaid transportation services.

The Samsung Pay Card can also be used for international payments in stores all over the world — as long as those stores can handle NFC payments. In these cases, the discount goes up to 5 percent but has a monthly limit of KR₩100,000 — roughly US$84.

Samsung has recently introduced the Samsung Pay Card in the UK together with Curve and Samsung Money in the US with SoFi. Samsung Pay and Google Pay have around 100 million users worldwide, less than half of Apple Pay's impressive crowd of over 220 million customers.


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Codrut Nistor, 2020-08-31 (Update: 2020-08-31)