Join Transform 2021 this July 12-16. Register for the AI event of the year.


Samsung has launched a new service that lets local commuters in South Korea pay for multiple forms of transport with Samsung Pay.

Consolidating both the T-Money and Cashbee (formerly Mybi) travel cards, the Samsung Pay Transportation Card Service lets anyone with either (or both) of the pre-registered transportation cards import their credentials into the Samsung Pay app, so they can tap to pay on buses, the underground, and taxis.

Samsung Pay: Transport

Above: Samsung Pay

At the time of writing, Samsung Pay is available only in South Korea, where it launched back in August, and the U.S., where it arrived one month later. It is expected to launch in China shortly, followed by the U.K. and Spain.

For Samsung Pay to succeed against the likes of Apple Pay, which is already available in the U.S., U.K., Canada, and Australia, it needs to infiltrate all the common consumer conduits — and transport is huge. Apple Pay already works with public transport systems, in London, for example, and Samsung fully recognizes the importance of stepping into this arena, as we shift further toward what it calls “a world without wallets.”

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member