'Naver Pay' payment amount exceeds 15 trillion won, thanks to linkage with 'Samsung Pay' - South Korea

IT giant Naver reported that its fintech business (including payment services and digital finance) sales for the July-September period increased by 15.1% from the same period last year to 340.8 billion won (approx. 38.7 billion 839 million won).
It was announced on the 3rd that it had reached 90,000 yen). The payment amount of the payment service "Naver Pay" was 15.2 trillion won (approximately 1.7298 trillion yen), 22.5% compared to the same period last year, and in the April-June period.
They grew by 4.4% compared to each other. The amount of payments made at physical stores reached 1.7 trillion won (approximately 193,495,020,000 yen), about twice as much as the April-June period.
The partnership with Samsung Pay, a mobile payment service by Samsung Electronics that began in the April-June quarter, was successful. “Samsung Pay” payment technology
Magnetic Secure Transmission (MST) is linked with Naver Pay, making it possible to make payments at 3 million member stores nationwide. Choi Soo-young, Naver's representative, said, ``We will continue to support reservations and decisions including MST.
Due to the growth in the amount of payments made, the amount of payments made at physical stores has approximately doubled compared to the same period last year." Additionally, the amount of payments made through external payment services increased by 45.8% compared to the same period last year. Private lodging service “Airb”
The growth appears to have been due to an increase in the number of new member stores such as ``nb'' (Airbnb), and strong performance in leisure and overseas travel-related industries.