ABC News – 5/18/15: Samsung Wallet is shutting down as the company prepares to make way for Samsung Pay. The South Korean electronics company notified users of Samsung Wallet, a passbook for loyalty cards and coupons, that it will be phased out on June 30. “We have tried to make Samsung Wallet a successful service that would help users throughout their daily lives and help our partners reach their customers in new ways,” a message on the Samsung Wallet website said. “Unfortunately, the usage rate of Samsung Wallet was not what anyone expected.”
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