The South Korean e-commerce system is currently undergoing a digital wallet revolution. Samsung, which currently runs Samsung Pay in the country, plans to get rid of its old Samsung Pay in favor of the new Samsung Wallet as more than 70% of its local wallet users have switched to it. This redesigned space represents a single shopping destination where people can purchase life’s necessities instead of cluttering their wallets.
The main godfather of this dramatic change is convenience. Samsung Wallet provides an opportunity for people to store digitized images of their driving licenses and all duly self-attested national eligibility certificates which have the same accepted validity as those they physically possess. This brings the joy of not needing to physically carry these essential documents, giving the owner not only peace of mind but also space in his pocket for other items.
While Samsung Wallet also focuses on payments (something it does well, as it supports both near-area communication and contactless payments), it goes even further than that. Individuals can also keep a digital wallet which will make home or car security easier, they will not have to worry when traveling with a boarding pass, and help them choose what they will consume when they go inside popular stores or restaurants. You will be able to enjoy special offers for Rs. With our new to-die-for feature-rich experience online dating couldn’t be better rated for young people aged 18-29, as 75% of them admit they found the love of their life there.
Still, Samsung is the company to support the change with its ongoing marketing campaigns through the Wallet app that applied for the discount. Koreans moving away from cash and adopting Samsung Wallet as their daily necessity has nothing to do with Samsung’s out-of-the-box thinking, but the subsequent thorough implementation and provision of these tremendous benefits is part of the obvious popularity of Samsung Wallet. The main reasons are. Korean people, especially the younger generation.
