Apple Pay launching in South Korea ‘in the coming months’

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Nearly a decade after Apple Pay was first launched within the US, it’s now coming to South Korea. It is a vital nation to permit the service because the area is dominated by Samsung Pay, produced by the Korean agency Samsung.

Now native regulators have accredited Apple Pay, with certain conditions, and native bank card firm Hyundai has confirmed expectations that it’s aspiring to be first to market with it.

In response to Nikkei Asia, Hyundai Card has not said when Apple Pay assist will start, nonetheless.

“We look ahead to collaborating with Apple to introduce Apple Pay to S. Korea,” mentioned a Hyundai Card spokesperson in an announcement seen by the publication. “We are going to share extra particulars within the coming months.”

Apple has confirmed the launch, saying “we look ahead to bringing Apple Pay” to South Korea, however solely added that particulars could be launched later.

Hyundai Card was expected to launch with Apple Pay assist in November 2022. However on the time, the native Monetary Supervisory Service delayed the launch, saying it wanted to be reviewed.