Samsung Electronics said on the 16th that on the 15th it newly introduced Samsung Wallet Money, its own rechargeable easy-payment service, and Samsung Wallet Points, a rewards accrual program, to Samsung Wallet, the digital wallet built into Galaxy smartphones.
Samsung Wallet Money is a mobile payment method that does not require a physical card. Users can link the bank accounts they already use to Samsung Wallet Money to top up and spend. Fees are waived for top-ups from linked accounts and for top-ups and withdrawals at Woori Bank ATMs. Account transfers are free up to 10 times per month.
Samsung Wallet Points is a reward service that automatically accumulates every time you pay with Samsung Wallet Money. A set amount of points is accrued at payment, and customers can use the accrued points again for payment.
Samsung Electronics built the Samsung Wallet Money and Points system with Woori Bank. Woori Bank has been entrusted with and manages system operations.
Samsung Electronics also created a Benefits tab within the Samsung Wallet app. Samsung Wallet Money customers can earn points in the Benefits tab through items such as ◇ attendance check, ◇ payment stamp events, and ◇ viewing reward ads. If you purchase a product through Give a gift in the Benefits tab using Samsung Wallet Money, up to 6.5% of the payment amount is accrued. Give a gift is a service that allows you to send e-gift cards and mobile gift certificates, such as coffee coupons and convenience store vouchers, to acquaintances.
To commemorate the launch of the service, various promotions are also being held. First, for the first 500,000 customers who newly sign up for Samsung Wallet Money and Points, 1,000 points (p) are provided upon Points enrollment, 2,000p upon Money registration, and 3,000p upon the first Money payment.
In addition, customers can participate in events such as consecutive attendance checks and Money payment stamps, and during the event period, they can receive an additional 1.5% accrual benefit if they top up from a Woori Bank account and pay.
Chae Won-cheol, head of the Digital Wallet Team of the MX Business Division at Samsung Electronics, said, "We will continue to innovate so that people can experience more convenient payments and ample rewards in everyday life."