Samsung Electronics and Naver Financial together signed a deal to promote the mobile payment experience in Korea. Both companies started collaborating in the payment and wallet sector, promising to continue working together for a more convenient digital life for users.
Now you can able to use simple payments through Samsung Pay at Naver Pay online order merchants, including the 550,000 Naver Smart Store. Naver Pay users will be able to use Naver Pay’s offline payments through Samsung Pay’s MST (Magnetic Security Transport) payment method at all offline merchants across the country where payments can be made with Samsung Pay.
Park Sang-jin, CEO of Naver Financial, said, “With the cooperation with Samsung Electronics, 31.5 million Naver Pay users can now experience convenient usability and benefits online as well as at most offline merchants through Samsung Pay.” Through cooperation, we will continue to discover ways to provide a new digital life experience.”
“Through collaboration with Naver Pay, Samsung Pay users can now enjoy a convenient mobile payment experience both offline and online,” said Jini Han, vice president of digital wallet team at Samsung Electronics’ MX division. We will provide a better user experience.”
