Samsung announced that the Samsung Wallet app’s Money and Points service has surpassed 1 million subscribers. The service has gained rapid growth following its debut in October this year; it all happened within two months.

At launch, Samsung presented Wallet Money and Points as “All-in-One Experience.” The service allows users to handle payment, charging, point accrual, and point usage within a single platform, making it receive great response.

Samsung specifically revealed that the “Gift” feature of the “Benefits Tab” is very trending among users in South Korea. To mark this major milestone, Samsung revealed plenty of benefits for users across the country.

Starting today, Samsung Wallet users who make payments with Money & Points will receive up to 10% of the payment amount. Users will also receive 1,000 points toward three Samsung Wallet Money payments and 2,000 points for five.

“Samsung Wallet Money & Points has significantly enhanced customer convenience and benefits by integrating digital payment and reward services,” said Vice President Chae Won-chul, Head of the Digital Wallet Team at Samsung Electronics MX Business. “We will continue to expand the Samsung Wallet ecosystem and persistently increase customer value by providing even more diverse and practical benefits in the future.”

Samsung Wallet Money & Points

Wallet Money

It’s a method of payment that doesn’t require a physical card. Users can easily use it by linking their existing bank account with Samsung Wallet Money.

Wallet Points

It is a rewards service where a certain amount is automatically collected as points upon each Samsung Wallet payment, and the points can be used as cash.

The benefits of these two features include:

1. An unlimited accrual structure with no limit on the accumulation amount.
2. The ability to pay, accrue, and use points at all offline card merchants.
3. Various promotions.

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