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Apple Pay set to debut in South Korea with Hyundai Card

Collaboration is likely to challenge local dominance of Samsung Pay

Hyundai Card and Apple Pay are poised to shake up South Korea's mobile payment sector. (Source photos by Getty Images and Reuters) 

SEOUL -- Apple Pay will debut in South Korea in the coming months, local partner Hyundai Card announced on Wednesday, in a move challenging Samsung Electronics' dominance in the market for mobile payments.

"We look forward to collaborating with Apple to introduce Apple Pay to S. Korea," Hyundai Card said in a statement. "We will share more details in the coming months." Hyundai Card is a credit card service unit of Hyundai Motor Group.

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