Samsung Pay Statistics 2025: Growth, Security Measures, and Technological Advances

Imagine standing at a coffee shop counter, waving your smartphone over a terminal to complete your purchase within seconds. This seamless experience, once futuristic, is now commonplace due to platforms like Samsung Pay. With its global reach and user-friendly interface, Samsung Pay has revolutionized how we transact. The platform continues to grow, adapting to advancements in mobile payment technologies and security standards. In this article, we dive into the latest 2025 statistics to explore the impact and trajectory of Samsung Pay in the evolving digital payment landscape.

Editor’s Choice: Key Usage Statistics

Here are some of the most significant statistics about Samsung Pay that showcase its influence in the mobile payment sector for 2024:

Samsung Pay processes over 1.3 billion transactions annually, reflecting its increasing adoption and global reach.
The platform supports transactions in over 29 countries, making it a major player in the global payment ecosystem.
In the US alone, Samsung Pay’s user base grew by 12% year-over-year, reaching 32 million active users in 2024.
On average, users engage with Samsung Pay 4.5 times per week, indicating high reliance on the service for daily transactions.
Contactless payment adoption has surged, with 80% of Samsung Pay transactions now NFC-based, showing the platform’s alignment with emerging payment trends.
Over 65% of Samsung Pay users in 2024 reported using the app for retail purchases, while 35% leveraged it for peer-to-peer transfers.
Samsung Pay’s integration with loyalty programs saw an 18% increase in user engagement, highlighting its added value for customers.

Global Adoption Rates

Samsung Pay has solidified its position as a leader in the mobile payment industry, achieving remarkable adoption rates worldwide. Here are the standout statistics for 2024:

Samsung Pay is operational in 29 countries, with plans to expand into 5 more regions by 2025.
Asia-Pacific leads adoption, accounting for 40% of global Samsung Pay users, followed by North America at 25%.
In South Korea, Samsung Pay is used by 8 out of 10 smartphone owners, demonstrating its dominance in its home market.

Samsung Pay's Market Leadership in South Korea

The European market grew by 15% year-over-year, fueled by increased adoption in countries like Germany, the UK, and France.
Emerging markets like India and Brazil saw a 25% rise in active users, attributed to the growing penetration of Samsung smartphones.
Over 70% of merchants in the US now accept Samsung Pay, thanks to its compatibility with both NFC and MST (Magnetic Secure Transmission) technologies.
Samsung Pay’s user retention rate in regions with integrated public transport systems, such as Singapore and Australia, increased by 12%, driven by convenience in commuting.

These figures emphasize Samsung Pay’s strategic efforts to cater to diverse markets and bolster its presence in established and emerging economies alike.

Mobile Payment Transaction Volume

The rise of contactless payments has fueled a surge in Samsung Pay’s transaction volume, with notable growth in 2024:

Samsung Pay facilitated $290 billion in global transactions in 2024, marking a 20% increase from the previous year.
In the United States, Samsung Pay transactions reached $68 billion, representing 23% of its total global volume.
The average transaction value on Samsung Pay grew to $42.50, highlighting its use in everyday retail as well as higher-value purchases.
Cross-border transactions accounted for 10% of the total volume, showcasing its utility for international travelers.
Peer-to-peer payments via Samsung Pay surged by 25%, driven by the app’s integration with popular social and messaging platforms.
Samsung Pay’s partnerships with major retailers and e-commerce platforms contributed to a 30% increase in online transactions.
Holiday shopping spikes in Q4 2023 resulted in a record $8.2 billion processed during the Black Friday and Cyber Monday period alone.

Samsung Pay vs Google Pay: A Quick Comparison

Samsung Pay

Works with credit card terminals
Available in 24 countries
Uses magnetic field technology (MST)
Exclusive to Samsung phones
Has a Samsung-only restriction
Offers tokenization & secure payment authorization

Google Pay

Supports contactless payments via NFC
Available in 140 countries
Relies on NFC technology
Compatible with all Android NFC devices
Considered a worldwide standard
Offers tokenization & encryption for secure payments

Digital Wallet User Statistics

Digital wallets, including Samsung Pay, are redefining how consumers manage and spend money. Here’s an in-depth look at Samsung Pay’s user statistics for 2024:

Samsung Pay has surpassed 150 million global active users, achieving a 15% growth compared to 2023.
45% of Samsung Pay users are between the ages of 25 and 34, making millennials its largest user demographic.
The platform boasts a 93% user satisfaction rate, emphasizing its intuitive design and reliability.

Prioritizing User Experience with High Satisfaction Ratings

Among users, 67% have linked multiple cards to their Samsung Pay accounts, leveraging its versatility.
85% of Samsung Pay users cite convenience as the primary reason for adopting the service, followed by security at 72%.
The digital wallet saw 20% growth among small business owners, who increasingly use it for invoicing and receiving payments.
Samsung Pay Rewards, the loyalty program, has engaged 40 million users, contributing to a 22% retention boost.
Around 60% of new Samsung Pay users in 2024 came from regions with growing mobile payment adoption, such as Southeast Asia and the Middle East.
Samsung Pay has maintained a monthly active user rate (MAU) of over 80%, one of the highest in the digital wallet industry.

Market Share Comparison

Samsung Pay continues to compete strongly with other digital payment platforms. Here are key statistics from 2024:

Samsung Pay holds a 14% share of the global mobile payment market, ranking third behind Apple Pay and Google Pay.
In the Asia-Pacific region, Samsung Pay leads with a 25% market share, owing to strong adoption in South Korea and Southeast Asia.
Samsung Pay captures 20% of the NFC payments market, benefiting from its dual compatibility with NFC and MST technologies.
Among Android-based wallets, Samsung Pay dominates with a 35% share, surpassing competitors like Google Pay.
Retail payments make up 75% of Samsung Pay’s total transactions, compared to 65% for Google Pay and 58% for Apple Pay.
In the US market, Samsung Pay has a 10% penetration rate, reflecting steady growth amid increasing competition.
The platform has a higher average transaction size compared to competitors, at $42.50 versus Apple Pay’s $35 and Google Pay’s $30.

Samsung Pay Outpacing Competitors in Average Transaction Value

Regional Usage Trends

Samsung Pay’s performance varies significantly across regions, reflecting differences in consumer behavior and market conditions. Here’s a detailed look at regional trends for 2024:

South Korea remains Samsung Pay’s strongest market, with an 80% adoption rate among smartphone users, driven by high trust in its security features.
India experienced a 25% increase in Samsung Pay users, boosted by the growing availability of Samsung devices in tier-two and tier-three cities.
In the United States, Samsung Pay captured a 10% share of mobile payment transactions, up from 8% in 2023.
Adoption in Western Europe rose by 15% year-over-year, particularly in countries like Germany, France, and Spain, where NFC adoption is surging.
Brazil leads Samsung Pay’s growth in South America, with a 22% year-over-year increase in transactions due to rising smartphone penetration.
Australia and Singapore have become key markets in the Asia-Pacific region, with 12% and 10% growth in active users, respectively.
In the Middle East, Samsung Pay expanded its user base by 18%, driven by partnerships with local banks and retailers.
Cross-border usage of Samsung Pay grew by 30%, with frequent travelers using the platform to make payments in countries that support the service.

Samsung Pay User Insights – United Kingdom

62.1% of Samsung Pay users are aged 25–34 years.
18.7% of users fall in the 18–24 years age group.
8.5% of users are between 35–44 years.
1% of users are aged 45–54 years.
9.8% of users are 55 years and above.
75.8% of users are male.
24.2% of users are female.
The most used device is the Samsung Galaxy S9.
The second most used device is the Samsung Galaxy S8.
The third most used device is the Samsung Galaxy S10.
The fourth most used device is the Samsung Galaxy S9+.
The fifth most used device is the Samsung Galaxy S10+.

Mobile Payment Growth

The mobile payment industry has been expanding rapidly, and Samsung Pay is no exception. Key growth statistics for 2024 include:

The global mobile payment market is projected to reach $4.1 trillion in 2024, with Samsung Pay contributing $290 billion in transactions.
Samsung Pay’s transaction volume grew by 20% compared to 2023, outpacing the industry average of 15%.
Contactless payment adoption continues to drive growth, with 80% of Samsung Pay users regularly using NFC for transactions.
Peer-to-peer transactions on Samsung Pay surged by 25%, reaching $58 billion globally.
Samsung Pay’s user base grew by 15% year-over-year, fueled by its strong performance in Asia-Pacific and Europe.
The integration of loyalty programs led to a 22% increase in user retention, as consumers favored value-added services.
Retail partnerships drove a 30% increase in online transactions, demonstrating Samsung Pay’s adaptability to e-commerce trends.
Samsung Pay’s global presence expanded with 5 new markets slated for 2025, reinforcing its position as a leader in mobile payments.

Mobile Payment Security Statistics

Security remains a cornerstone of Samsung Pay’s appeal, with advanced measures ensuring user trust. Here are the 2024 statistics reflecting its strong security posture:

98% of Samsung Pay users report high confidence in its security, thanks to tokenization and biometric authentication.
Samsung Pay experienced a 25% decline in fraudulent transaction attempts, showcasing the effectiveness of its multi-layered security system.
85% of users cite security features, such as fingerprint and iris scanning, as a major reason for choosing Samsung Pay.
Samsung Pay has zero reported major security breaches since its launch, maintaining its reputation for robust protection.
60% of users in the US and Europe prefer Samsung Pay over traditional payment methods due to enhanced encryption and data privacy.
The integration of Samsung Knox has resulted in a 30% improvement in device-level security, reducing vulnerability to cyberattacks.

Enhancing Security Standards with Samsung Knox Integration

85% of merchants globally consider Samsung Pay one of the most secure mobile payment solutions for their customers.
Security audits conducted by third-party firms in 2024 confirmed a 99.9% compliance rate with global payment security standards.
Samsung Pay’s fraud detection system flagged and prevented over $5 million in fraudulent activities globally in 2024.

Technological Innovations

Samsung Pay continues to evolve by integrating cutting-edge technologies. Key innovations in 2024 include:

The introduction of AI-driven fraud detection algorithms, which analyze transaction patterns in real-time, reducing fraud attempts by 40%.
Voice-activated payment capabilities were launched in select markets, allowing users to authorize transactions hands-free.
Samsung Pay now supports cryptocurrency payments, enabling 10 major cryptocurrencies for transactions in early-adopting regions.
Integration with 5G networks improved transaction speeds by 30%, enhancing the overall user experience.
The platform introduced smart budgeting tools, allowing users to set spending limits and receive alerts, which saw a 20% increase in engagement.
A new feature enabling offline transactions using stored payment data was launched, catering to areas with unreliable internet connectivity.
Samsung Pay extended its ecosystem to include wearable devices, with 15% of transactions in 2024 initiated via Samsung smartwatches.
Enhanced QR code payment functionality allows merchants in developing regions to accept payments without the need for NFC-enabled terminals.

Global Smartphone Market Share

Apple leads the market with a 23.2% share.
Samsung holds the second spot at 15.6%.
Xiaomi follows with a 12.9% market share.
Vivo and Transsion are tied at 8.2% each.
Others collectively account for 32% of the market.

Recent Developments

Samsung Pay has made significant strides in 2024, focusing on expansion, partnerships, and feature enhancements. Here are the most notable recent developments:

Samsung Pay partnered with PayPal, allowing users to link their accounts for seamless online and in-store payments.
The platform expanded to two new countries, South Africa and Turkey, broadening its global footprint.
A collaboration with Amazon enabled one-click payments on the e-commerce giant’s platform, increasing user convenience.
Samsung Pay is integrated with transport systems in 5 additional cities, enabling tap-to-pay functionality for public transportation.
The launch of the Samsung Wallet, which consolidates payment cards, loyalty programs, and digital IDs, saw a 25% user adoption rate within the first three months.
Samsung Pay for Business was unveiled, offering tools for small businesses to accept payments and track sales, increasing merchant adoption by 18%.
A new rewards program tier for high-frequency users was introduced, enhancing customer retention by 15%.
Samsung Pay announced its carbon neutrality goal, committing to sustainable digital payment solutions by 2030.

These developments highlight Samsung Pay’s commitment to innovation and expanding its ecosystem to cater to diverse user needs.

Conclusion

Samsung Pay continues to push boundaries in the digital payments arena, combining cutting-edge technology with a user-first approach. From its robust security measures to its seamless integration across devices, Samsung Pay not only meets consumer expectations but also exceeds consumer expectations. Its global expansion, partnerships, and innovative features underscore its role as a leader in shaping the future of mobile payments.

As the digital economy evolves, Samsung Pay is well-positioned to remain a dominant force, offering a reliable, secure, and convenient payment solution for millions worldwide.

Sources

Barry Elad is a dedicated tech and finance enthusiast, passionate about making technology and fintech concepts accessible to everyone. He specializes in collecting key statistics and breaking down complex information, focusing on the benefits that software and financial tools bring to everyday life. Figuring out how software works and sharing its value with users is his favorite pastime. When he's not analyzing apps or programs, Barry enjoys creating healthy recipes, practicing yoga, meditating, and spending time in nature with his child. His mission is to simplify finance and tech insights to help people make informed decisions.