PYMNTS

MAY 27, 2020

To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. Users can decide to open an individual or joint cash management account with Samsung Money by SoFi.

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Payments Source

APRIL 3, 2019

Samsung Electronics France is partnering with French card issuer Prepaid Financial Services to allow its line of PCS Mastercard prepaid cards to be loaded onto the Samsung Pay wallet.

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PYMNTS

NOVEMBER 20, 2020

Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”. Samsung will face strong competition from Apple.

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The Paypers

SEPTEMBER 28, 2022

Samsung has partnered with the India-based Axis Bank and global payments processor Visa to launch Samsung Axis Bank Credit Cards in India.

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PYMNTS

MARCH 12, 2020

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). Mastercard Labs created the platform, which will be rolled out to the Samsung Knox team in the Middle East and Africa early this year.

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Payments Source

JULY 12, 2019

Samsung has reached an agreement with an online marketplace for financial products in India that will allow consumers to apply for credit cards and loans through the Samsung Pay app.

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PYMNTS

JUNE 26, 2017

After a much delayed time period after its initial announcement two years ago, Discover card shoppers can rejoice. Samsung Pay has officially brought Discover card into its services, and consumers with accounts can now pay for items through the mobile app’s contactless payment option.

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Bank Innovation

MAY 20, 2016

Samsung Pay may not be available in the United Kingdom yet, but it’s rapidly expanding its reach in China in a March deal with UnionPay, the world’s largest credit card network, and now through a new deal with Alipay. Take that, Apple. The Seoul-based electronics company announced the deal today.

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PYMNTS

APRIL 12, 2018

On Thursday (April 12), Samsung Pay , the digital payment unit of Samsung Electronics, debuted Samsung Rewards, which gives users reward points every time they use the Samsung Pay mobile payment service to make purchases. BGR noted that in India, Samsung Rewards works both with Samsung Pay and Samsung Pay Mini.

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PYMNTS

APRIL 23, 2018

Digital wallets are only as convenient as they are useful, and as a form factor substitute for plastic cards, consumers don’t feel they’re much of either. Sang Ahn, VP and general manager of Samsung Pay U.S. Samsung Pay Inc. PayPal users who link their PayPal accounts to Samsung Pay will receive a virtual account with a $5.00

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PYMNTS

JANUARY 9, 2020

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A company representative confirmed that Samsung Pay’s international transactions have halted as technicians continue their efforts to resolve the issue. ”

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Bank Innovation

MAY 18, 2016

MasterCard several days ago quietly released its iOS app to support a partnership with Samsung it announced last January. The new Groceries by MasterCard app connects to Samsung’s Family Hub Refrigerator for “standing Read More.

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Payments Dive

JUNE 16, 2022

The new wallet will store IDs, cards and crypto, giving the South Korean company more leverage to compete with digital payment apps from tech giants Apple and Google.

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PYMNTS

OCTOBER 20, 2017

19) that it is among the first third parties to use Samsung Rewards’ new API. In a press release, Better Mortgage, which has zero commissions, said Samsung Rewards works similar to a points-based airline’s rewards program, giving users points for so-called meaningful engagements with Samsung devices.

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PYMNTS

OCTOBER 31, 2018

Samsung Electronics smartphone sales will increase in the holiday shopping season, with the general trend lasting into 2019, the company said when announcing its Q3 results. AI-based automation will enable Samsung to introduce new services in the 5G era, such as industrial Internet of Things (IoT) and connected cars.

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PYMNTS

JUNE 20, 2017

Samsung Electronics Australia has announced a partnership with Cuscal , Australia’s leading independent provider of online payments solutions, that will enable 38 financial institutions to offer Samsung Pay, a secure and easy-to-use mobile payments service available on compatible Samsung devices. million cardholders.

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PYMNTS

NOVEMBER 1, 2017

Two years ago, when Samsung Pay entered the mobile payments scene, it did what Apple and Android a year before it had not: It made mobile payment capabilities at the physical point of sale (POS) more or less ubiquitous right out of the gate. That’s where Ahn said Samsung Pay’s more than 1,500 U.S. s VP and GM for the U.S.

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PYMNTS

MARCH 20, 2019

Samsung, the South Korean consumer electronics giant, announced Thursday (March 20) a partnership with Prepaid Financial Services (PFS) to launch Samsung Pay for its branded cards. In a press release , Samsung said cardholders on specific programs issued and managed by PFS in the U.K. can now enable Samsung Pay.

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Bank Innovation

AUGUST 22, 2018

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

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PYMNTS

FEBRUARY 22, 2018

21) that its customers would now be able to make contactless payments via Samsung Electronics’ mobile wallet, Samsung Pay. In a press release , Commonwealth Bank said customers with a Mastercard can load their credit or debit card details into its app and make secure payments with a compatible Samsung Galaxy or wearable device.

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PYMNTS

MAY 10, 2017

Mswipe Technologies , India’s largest independent POS merchant acquirer and network provider, announced Tuesday (May 9) it has enabled Samsung Pay at all its terminals across the country. By enabling Samsung Pay, we are offering lacs of users an option to make swift, secure and contactless digital payments at our terminals.”

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The Paypers

MARCH 29, 2024

Samsung Pay , a South Korea-based payment service, has announced its decision to stop working with Russia’s national Mir payment cards starting April 3 2024.

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PYMNTS

AUGUST 10, 2016

Samsung is out on Tuesday (Aug. 9) denying that Samsung Pay can be hacked after a security researcher demonstrated how it can be done at a recent Black Hat conference. It is important to note that Samsung Pay does not use the algorithm claimed in the Black Hat presentation to encrypt payment credentials or generate cryptograms.

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PYMNTS

JANUARY 11, 2017

Samsung Electronics gave more credence to rumors that it is gearing up to launch its own AI assistant dubbed Bixby, with the company saying on its website that consumers have three options when it comes to Samsung Pay: Shopping, Mini and Bixby. The Galaxy S8 is expected to be launched in March and shipping in April.

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PYMNTS

MAY 19, 2016

Samsung has seen the benefits of loyalty, and it is making it a part of its mobile wallet. The electronics company announced yesterday (May 18) that Samsung Pay users in the U.S. The release adds that Samsung Pay’s new membership feature allows users to store other types of cards as well, including insurance and ID cards.

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Bank Innovation

MARCH 29, 2016

Samsung Pay became the latest mobile payments platform to enter China, the South Korean tech giant announced today. The move was made in partnership with China UnionPay, the sole interbank ATM network and primary card issuer in China. If you’re doing card business in China, in other words, you’re doing it Read More.

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Payments Source

MAY 27, 2020

Many companies are postponing product rollouts until the economy improves, but the Samsung Money debit card could be better suited for spending habits during the coronavirus pandemic.

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Bank Innovation

JUNE 23, 2016

The online bank introduced Android Pay and Samsung Pay integration for its debit cards, in addition to the existing Apple Pay option, Ally announced yesterday. Ally Bank belongs to the “open-wallet camp,” for now.

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Payments Source

APRIL 23, 2018

The partnership PayPal announced last year with Samsung Pay has come to fruition, with PayPal rolling out a new capability enabling its users to make purchases at any store that accepts cards via Samsung Pay.

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Bank Innovation

APRIL 23, 2018

Payments fintech PayPal will be expanding its in-store payment offerings this year, now offering users the ability to deposit money onto a prepaid debit card or use their service via a partnership with Samsung Pay, it was reported today, and as the Wall Street Journal noted earlier this month.

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PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

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PYMNTS

MARCH 29, 2016

Apple Pay’s competition in China just got a bit steeper, as Samsung has officially rolled out Samsung Pay in the region. Samsung announced the launch of its mobile payments service that is now available through a deal with China UnionPay — the same method Apple used to bring its mobile payments option into market.

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PYMNTS

JUNE 1, 2016

Samsung Electronics Singapore announced on Monday (May 30) that it has entered into a partnership with Citibank Singapore Limited in preparation for its mobile payment service’s upcoming launch in the country. Though that will make just four countries under the Samsung Pay umbrella — along with South Korea, the U.S.

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PYMNTS

APRIL 19, 2016

Samsung Pay has bulked up its bank and financial institution list again — this time with two more major banks. Now, Samsung Pay has support from 130 banks and credit unions, which means that Samsung Pay covers 75 percent of the U.S. debit and credit card market. The offer is only for those who got halfway there on usage.

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PYMNTS

SEPTEMBER 12, 2016

Samsung Galaxy Note 7 users will have to do without their phones for a while unless they want to risk a handset exploding in their back pocket — or worse, next to their ear. It’s also poor timing because the news coincides with Apple’s iPhone 7 and iPhone 7 Plus launch and is bound to cause some Samsung users to jump ship.

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PYMNTS

JUNE 6, 2016

Samsung Pay has officially launched in Spain, bringing the mobile wallet into its first European country. Samsung Pay is the first mobile payment service of its kind to be launched in Spain, giving it a head start in the market over Apple Pay and Android Pay.

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PYMNTS

APRIL 28, 2016

Samsung Pay has been in the U.S. What could speed the game up a bit, according to Samsung Pay’s GM, is giving consumers and merchants what they care about most: loyalty, offers and a secure digital identity. That’s why, for Samsung Pay , the next 365 days really matter. “As Samsung Pay’s Evolution.

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