Samsung Pay now covers more than 70% of US' credit and debit card market, Samsung claims

Samsung has revealed that Samsung Pay is now supported by 70 major banks and credit unions in the United States, claiming that the mobile payments service now covers over 70% of the country's credit and debit card market.

The revelation was made by the South Korean company in a press release where-in it announced that service now also also supports eligible credit and debit cards from Wells Fargo, an American multinational banking and financial services holding company.

Samsung recently revealed that Samsung Pay has attracted around 5 million users and the company has processed more than $500 million in transactions since the mobile payments service made its debut in the US, something which happened in September last year.