Apple Pay Will Finally Launch In South Korea After 8 Long Years

Apple has, at last, made the formal announcement following years of anticipation from South Korean Apple users for the launch of Apple Pay in their nation. According to the business, in-store, in-app, and internet purchases would all be supported by Apple when it “launches” in South Korea. In the press release announcing the yellow iPhone 14 and iPhone 14 Plus, Apple made the following announcement:

Also, Korean consumers will have the ability to make simple, quick, secure payments with Apple Pay on any iPhone, including the latest iPhone Yellow, as well as in online stores and applications, as Apple is getting ready to introduce Apple Pay in South Korea.

Apple Pay Is All Set To Launch By The End Of March 

The precise date of A Pay’s initial announcement in South Korea is yet unknown. But, the iOS 16.4 beta’s source code mentions A Pay in South Korea, according to 9to5Mac. The film was supposed to debut in South Korea in Nov of the previous year. The Financial Supervisory Service Commission, the regional authority, demanded that the rollout be postponed (FSS).

Beta testers for iOS 16.4 include both developers and general public users. We anticipate that it will be made available to the broader public at the end of March or in the first week of April. Perhaps it will not come as a surprise to you to learn that Samsung Pay has a market share of about 80% in its domestic market, where mobile payments are concerned. A Pay will now undeniably reduce this. Apple Pay may be formally launched in South Korea after this update is made available to everyone at the end of March or in early April. iOS 16.4, which is presently in the beta test phase, makes some allusions to the service there.