Samsung to shut down Wallet service on June 30

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Samsung has announced in an email to all Samsung Wallet customers that it will be shutting down the service on June 30.

The reason why Samsung is shutting down the service was because not many people were using the service. In a separate message to Samsung Wallet partners, they noted that “the usage rate… was not what anyone expected.”

“One of our company’s core values is to guarantee the best user experience. We feel today that we can no longer guarantee  this experience. This is why we have officially  decided to discontinue Samsung Wallet on June 30, 2015 in all counties,” it said.

Launched in 2013 and designed to be a competitor to Apple’s Passbook, it would let users store credit and membership cards, tickets and coupons on their Samsung smartphone for an “expedited checkout experience.”