product brochure: samsung pay profile 2017
TRANSCRIPT
SAMSUNG PAY PROFILE 2017 PUBLICATION DATE: JANUARY 2017
PAGE 2 GENERAL INFORMATION I PAGE 3 KEY FINDINGS I PAGE 4 TABLE OF CONTENTS I PAGE 5 REPORT-SPECIFIC SAMPLE CHARTS
I PAGE 6 METHODOLOGY I PAGE 7 RELATED REPORTS I PAGE 8 CLIENTS I PAGE 9-10 FREQUENTLY ASKED QUESTIONS
PAGE 11 ORDER FORM I PAGE 12 TERMS AND CONDITIONS
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PRODUCT DETAILS Title:
Type of Product:
Category:
Covered Regions:
Covered Countries:
Language:
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Samsung Pay Profile 2017
Company Profile
Online Payment
N/A
N/A
English
PDF & PowerPoint
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QUESTIONS
ANSWERED
IN THIS REPORT
What are the main payment features of Samsung Pay?
Which value-added services are offered by Samsung Pay in various countries?
How did Samsung Pay’s expansion progress in 2015 and 2016?
How large was the volume of transactions with Samsung Pay in South Korea in a year to August
2016?
How is Samsung Pay’s usage rates in the USA differ from those of Apple Pay and Android Pay?
SECONDARY MARKET
RESEARCH
Our reports are exclusively based on secondary market research. Our researchers derive
information and data from a variety of reliable published sources and compile the data into
understandable and easy-to-use formats.
ADVANTAGES Maximum Objectivity
Reliable Sources
Up-To-Date Analysis
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Guidance For Strategic Company Decisions
SAMSUNG PAY PROFILE 2017
LATEST SAMSUNG PAY ADOPTION STATISTICS SUMMARIZED IN PROFILE
The profile of Samsung Pay compiled by yStats.com follows the evolution of this
innovative payment service from Samsung’s acquisition of LoopPay. Having acquired the
US-based mobile payment developer and service provider, Samsung launched Samsung Pay
in South Korea and the USA in 2015. In 2016, Samsung Pay added 10 new markets and
introduced multiple new features, all of which are described in detail in yStats.com’s
publication. Among the distinctive characteristics of Samsung Pay is its compatibility not
only with payment terminals supporting near-field communication technology, relied on by
most mobile wallets, but also with magnetic stripe card readers.
The profile also cites some important figures regarding the adoption of Samsung Pay.
Among the key revelations is the volume of transactions through Samsung Pay generated in
South Korea in its first year since launch. According to the company data, a quarter of all
transactions took place online. In most other markets Samsung Pay supports in-store
payments only. The expansion of in-app and online payment features could be the next
step in Samsung Pay’s evolution, as indicated by some partnerships mentioned in the
profile.
SAMSUNG PAY PROFILE 2017
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MANAGEMENT SUMMARY
OVERVIEW
Overview of Samsung Pay, December 2016
SUPPORTED COUNTRIES
Overview of Countries/Territories Supported by Samsung Pay, incl. Date of Launch, August 2015 – December
2016 & Upcoming, as of December 2016
PAYMENT FEATURES
Overview of Payment Features of Samsung Pay, December 2016
Types of Payment Cards by Samsung Pay, by Country/Territory, December 2016
Overview of Security Features of Samsung Pay, December 2016
VALUE-ADDED FEATURES
Overview of Value-Added Features of Samsung Pay, December 2016
ADOPTION AND USAGE
Share of Samsung Pay Transactions in South Korea Made Online, in % and in KRW trillion, Year to August 2016
Number of Samsung Pay Users in South Korea, in millions, October 2015 & March 2016
Selected Data Related to Usage of Samsung Pay in the USA, incl. Awareness, Usage for Purchase, Frequency of
Usage, Average Number of Cards Loaded, and Satisfaction Rating, Compared to Apple Pay and Android Pay, June
2016
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SAMSUNG PAY PROFILE 2017
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TABLE OF CONTENTS
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SAMSUNG PAY PROFILE 2017
REPORT-SPECIFIC SAMPLE CHARTS
GENERAL METHODOLOGY OF OUR MARKET REPORTS Secondary Market Research
The reports are compiled based on secondary market research.
Secondary research is information gathered from previously published
sources. Our reports are solely based on information and data acquired
from national and international statistical offices, industry and trade
associations, business reports, business and company databases,
journals, company registries, news portals and many other reliable
sources. By using various sources we ensure maximum objectivity for all
obtained data. As a result, companies gain a precise and unbiased
impression of the market situation.
Cross referencing of data is conducted in order to ensure
validity and reliability.
The source of information and its release date are provided on
every chart. It is possible that the information contained in one chart is
derived from several sources. If this is the case, all sources are mentioned
on the chart.
The reports include mainly data from the last 12 months prior
to the date of report publication. Exact publication dates are mentioned in
every chart.
Definitions
The reports take into account a broad definition of B2C E-
Commerce, which might include mobile commerce. As definitions may
vary among sources, exact definition used by the source (if available) is
included at the bottom of the chart.
Chart Types
Our reports include text charts, pie charts, bar charts, rankings,
line graphs and tables. Every chart contains an Action Title, which
summarizes the main idea/finding of the chart and a Subtitle, which
provides necessary information about the country, the topic, units or
measures of currency, and the applicable time period(s) to which the data
refers. With respect to rankings, it is possible that the summation of all
categories amounts to more than 100%. In this case, multiple answers were
possible, which is noted at the bottom of the chart.
Report Structure
Reports are comprised of the following elements, in the following
order: Cover page, preface, legal notice, methodology, definitions, table of
contents, management summary (summarizing main information
contained in each section of report) and report content (divided into
sections and chapters). When available, we also include forecasts in our
report content. These forecasts are not our own; they are published by
reliable sources. Within Global and Regional reports, we include all major
developed and emerging markets, ranked in order of importance by using
evaluative criteria such as sales figures.
Notes and Currency Values
If available, additional information about the data collection, for
example the time of survey and number of people surveyed, is provided in
the form of a note. In some cases, the note (also) contains additional
information needed to fully understand the contents of the respective data.
When providing information about amounts of money, local
currencies are most often used. When referencing currency values in the
Action Title, the EUR values are also provided in brackets. The conversions
are always made using the average currency exchange rate for the
respective time period. Should the currency figure be in the future, the
average exchange rate of the past 12 months is used.
METHODOLOGY OF OUR SAMSUNG PAY PROFILE 2017
Report Coverage
The current profile is devoted to Samsung Pay, a digital wallet
service. For the purpose of this report, a digital wallet is defined as a
software solution that enables consumers to store payment credentials,
such as credit or debit card information, and use the stored credentials to
pay digitally for transactions made in-store, online or via mobile. Digital
wallets can be installed on mobile devices which are used to complete
payments.
Report Structure
This profile is structured as described below.
Following the Management Summary, the first section of the
profile contains a general overview of the digital wallet. It includes
information about the launch date, a brief service description and
availability, information about revenue and transaction volume, and a
digest of recent important news.
An overview of countries where the digital wallet is available is
included in the next section, detailing the geographical expansion of the
product by listing countries and the respective launch dates.
The next two sections provide a more detailed description of
supported payment types and value-added service features, i.e. features
beyond the payment function.
The last section provides information related to adoption and
usage of the digital wallet. Adoption statistics are included where available.
Information about consumer awareness and usage rates is sourced from
various surveys.
SAMSUNG PAY PROFILE 2017
6
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Japan B2C E-Commerce Sales Forecasts: 2016 to 2020
UK B2C E-Commerce Sales Forecasts: 2016 to 2020
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China B2C E-Commerce Sales Forecasts: 2016 to 2020
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