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Credit card company takes a ‘step forward’ in introducing Apple Pay
Big non-Samsung Pay fee
‘Trepid’ due to concerns
Entered 2025.01.21. 6.01 am
Modified 2025.01.21. 8.30 am
Original text of article
Reporter Gwang Hyeon-yuk
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Shinhan Card to be introduced as early as next month… Kookmin Card is also being considered
Samsung Pay has maintained a free policy since 2015
Possibility of converting to paid service. Increased cost burden
Apple Pay image. @Hyundai Card
apay
While credit card companies are accelerating the introduction of Apple Pay, they appear to be nervous about the possibility of charging fees for Samsung Pay.
Some argue that Samsung Pay fees should only be charged to card companies that introduce Apple Pay, but this is unrealistic.
Seo Ji-yong, professor of business administration at Sangmyung University, said, “If credit card companies introduce Apple Pay, Samsung Electronics will inevitably feel a sense of crisis.” “If it spreads, there is a high possibility that the fee-free policy will be scrapped,” he analyzed.