Talking With: Samsung's Haley Kim about Samsung Pay, merchant collaborations, market competition
Payments Dive
NOVEMBER 8, 2016
Mobile Payments Today recently spoke with Samsung about everything Samsung Pay.
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PYMNTS
NOVEMBER 15, 2020
Mobile-first fiscal management solution Fiskl has joined up with Samsung Appstack to help keep small- to medium-sized businesses (SMBs) competitive through collaborations and project management, according to a press release. Joining up with bigger-name apps can be a boon for startups.
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PYMNTS
JUNE 24, 2020
Samsung Electronics Co. plans to offer a Samsung Pay Card that will give customers “a simple and flexible way to control their money,” the company said in a Wednesday (June 24) press release. For the launch, Samsung is linking up with Mastercard and FinTech Curve. later this year. “We and Ireland.
PYMNTS
AUGUST 20, 2020
But for the later-adopting end of the market — the consumers and merchants that had heretofore shied away from digital — the past six months have marked the start of a transformation. The New Samsung Pay Card . But the Samsung Pay Card powered by Curve works differently.
PYMNTS
SEPTEMBER 5, 2019
Samsung ’s latest Galaxy Note 10 aims to boost blockchain adoption by making it more user-friendly, The Wall Street Journal reported Thursday (Sept. The new product will be marketed as a “KlaytnPhone,” named after a South Korean blockchain platform, sources told the WSJ. Samsung is also rolling out the Galaxy Fold in South Korea.
Bank Innovation
OCTOBER 25, 2017
EXCLUSIVE – Wirecard launched its mobile wallet integration with Apple Pay, Android Pay and Samsung Pay at Money 20/20 in Las Vegas. market next year. This comes as the digital payments-focused company prepares to go live with its own platform in the U.S.
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
PYMNTS
NOVEMBER 1, 2018
can now accept Samsung Pay for in-app payments. In a press release , Braintree said support for Samsung Pay was driven by focusing on what will drive the future of commerce and help merchants. could use PayPal within Samsung Pay at millions of retailers. By allowing U.S. billion transactions globally.
Payments Dive
FEBRUARY 23, 2016
Samsung Pay will start global expansion beginning with China in March, followed by Australia, Brazil, Singapore, Spain and the U.K.
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.
PYMNTS
OCTOBER 6, 2016
Such seems to be the motto over at Samsung with the news that it will be hiring the team that built Siri. Samsung has announced that it will acquire Viv Labs — founded by the creators of Apple’s Siri — for an as-yet-undisclosed sum of money. So, why is Samsung buying the tech and the team that built it? ”
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.
PYMNTS
FEBRUARY 28, 2019
The 2018 holiday quarter was a good one for smartwatches, as Samsung and Fitbit each quadrupled shipments compared to a year before, according to reports. And although Apple Watch market share dropped 15 percent over the same time period, it still dominates with control of more than 50 percent of the market. Samsung shipped 2.4
PYMNTS
JULY 31, 2019
Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report , thanks to retail sales of its mid-level models. As well, Samsung said it plans to “solidify (the) foundation in the global 5G market based on our leadership in 5G commercialization in the U.S. and Korea.”.
PYMNTS
OCTOBER 3, 2016
In a rare reversal for the DoJ and big victory for two-sided markets, the judge found American Express’ rules on customer steering represented no harm for customers and that merchants who didn’t want to take American Express were under no obligation to do so. As of Wednesday (Sept. There are a few limits in play. The beta is U.S.-based
PYMNTS
JANUARY 13, 2020
Samsung Electronics is acquiring network services provider TeleWorld Solutions (TWS) to build out the next generation of wireless, TechCrunch reported Monday (Jan. Samsung will continue to drive innovation in communications technology while providing optimization services for network deployments that accelerate U.S.
PYMNTS
AUGUST 15, 2019
New data revealed that the North American wearables market hit $2 billion in the second quarter of 2019, with a 38 percent increase year-over-year. Numbers from Canalys showed that the quarter’s growth was led by Apple and Samsung , which had 32 percent and 121 percent growth, respectively, at 2.9 million and 800,000 units.
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. But competition and marketing expenses will cut into profits, and mobile revenue declined about 12 percent year over year. trillion won ($21.9
PYMNTS
MARCH 6, 2020
Samsung has activated two-factor authentication after a data leak showed strangers’ private information, according to reports. Samsung hasn’t officially said that the data leak is the reason for the security. Samsung hasn’t officially said that the data leak is the reason for the security.
PYMNTS
JANUARY 30, 2020
A day after rivals in Cupertino posted revenue and earnings results at an all-time high, the team at Samsung had something less of a victory march when it reported its fourth quarter earnings. The good news for 2019 was that it was better than 2018, when Samsung saw its operating profit take a 52 percent hit. trillion won ($50.6
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.
PYMNTS
FEBRUARY 15, 2019
In a potential challenge to Apple at brick-and-mortar retail, Samsung Electronics is looking to move beyond pop-up shops with its own full-scale U.S. The outlet reported that the first Samsung stores will be at Roosevelt Field on Long Island, The Americana at Brand in Los Angeles and The Galleria in Houston.
PYMNTS
NOVEMBER 12, 2018
And, while Alibaba didn’t state which iPhones were in demand, it was still good news for Apple, which has been struggling to boost its market share in the country. Earlier this year, Huawei was able to surpass Apple in China to become the second-place handset maker globally behind Samsung Electronics. Samsung fell to eighth place.
PYMNTS
MAY 31, 2018
inked a deal with Samsung in which it will provide consumers with access to artificial intelligence-enabled doctors via smartphones. The Financial Times reported that in the beginning, the technology will be found in any new Samsung smartphones in the U.K. Babylon , the digital health startup out of the U.K.,
Payments Dive
JULY 18, 2019
market with its own LG Pay mobile wallet app, but faces a historically slow market for adoption and stiff competition from rival apps by Apple, Google and Samsung. LG officially entered the U.S.
PYMNTS
FEBRUARY 20, 2019
Samsung on Wednesday (Feb. According to Samsung , the “Galaxy Fold opens smoothly and naturally, like a book, and closes flat and compact with a satisfying click.” Last year in California, Samsung gave a first look at its foldable phone , which has a screen similar to a small tablet. starts at $1,980.”
PYMNTS
JANUARY 2, 2020
Samsung has introduced a new refrigerator that’s the latest addition to its Family Hub lineup, with artificial intelligence (AI) and features that can plan meals and connect with Samsung devices around the home, according to a report by VentureBeat. However, as the smart fridge market is booming, and expected to reach $125.7
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.
PYMNTS
JANUARY 6, 2020
Particularly standing in the spotlight are JPMorgan Chase , Samsung and Apple — for very different reasons. Samsung Virtual Human. Samsung disclosed that it will introduce a new “artificial human” to the world at CES 2020 in Las Vegas this week. It’s not a growth market.”. Chase’s Security Reset. It’s not healthy.
PYMNTS
JULY 2, 2019
Samsung has shut down its India-specific, AI-powered app called Samsung Mall, according to a report. India is a big market for Samsung, and its research and development team is based there. When it launched, Samsung said it would work with Bixby , the company’s voice assistant. It was ranked No.
PYMNTS
JUNE 24, 2019
Samsung has introduced three new smart home items that are low-cost entrants into the space, according to a report. A SmartThings hub by Samsung runs about $70. In international Samsung news , the company is looking to double its online sales of smartphones in 2019 to reach $1 billion in India.
PYMNTS
MAY 29, 2019
With a new array of budget-friendly devices, Samsung Electronics is looking to double its online sales of smartphones in 2019 to reach $1 billion in India. Smartphones, as well as fashion, are said to be some of the most popular purchase categories in the country’s fast-growing online shopping market, Reuters reported.
PYMNTS
DECEMBER 3, 2018
Verizon and Samsung announced on Monday (Dec. The move would essentially beat Apple to the market with smartphones featuring 5G technology, because reports say that Apple is going to wait until 2020 to release the first iPhones featuring the tech. 3) that they would launch U.S. 5G phones in the first half of 2019, according to Reuters.
PYMNTS
DECEMBER 12, 2018
Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones. In the world of blockchain phones, another name may crowd the pantheon.
PYMNTS
JULY 10, 2019
Samsung Venture Investment Corporation (SVIC) announced on Wednesday (July 10) an $8.5 According to Aloknath De, corporate vice president and chief technology officer at Samsung R&D Institute in Bengaluru, SVIC focuses its tech investments on early stage and growth-stage Indian startups in India.
PYMNTS
OCTOBER 29, 2019
Samsung announced a partnership with Lyft on Tuesday (Oct. The partnership marks the first expansion of Samsung Rewards beyond the Galaxy ecosystem,” Samsung said in a press release , “and is just the beginning of what we have in store.”. For every dollar spent on Lyft, a user will get one Samsung Rewards point.
The Paypers
OCTOBER 17, 2022
Samsung Electronics has announced their plan to expand their Samsung Wallet offering to 13 new countries.
PYMNTS
OCTOBER 19, 2016
Given Samsung’s recent run of troubles — and the fact that said troubles issue from an exploding phone — it was likely just a matter of time before the lawsuits began. Samsung initially announced the recall of 2.5 A spokeswoman for Samsung Electronics America declined to comment on the pending litigation.
PYMNTS
JULY 5, 2019
and China impacts the global markets for smartphones and chips, Samsung Electronics Co Ltd. In separate recent news from Samsung, reports noted that the tech company is rolling out a marketplace for the company’s voice assistant, Bixby, despite its relatively unknown name when stacked against the likes of Siri, Alexa, and Cortana.
PYMNTS
MARCH 25, 2019
And this isn’t a small or niche subset of consumers – according to the latest edition of the Digital Consumer Report , a PYMNTS/ Samsung Pay collaboration, 58 percent of consumers reported engaging in contextual commerce. If you asked them, however, they’d probably just say they were shopping, and the word “contextual” would never come up.
PYMNTS
OCTOBER 29, 2019
Samsung announced a partnership with Lyft on Tuesday (Oct. The partnership marks the first expansion of Samsung Rewards beyond the Galaxy ecosystem,” Samsung said in a press release , “and is just the beginning of what we have in store.”. For every dollar spent on Lyft, a user will get one Samsung Rewards point.
PYMNTS
SEPTEMBER 21, 2016
Samsung Pay is getting even more tech-savvy with a new feature that lets you make a payment with your eyes. According to a report , with the feature, which is part of Samsung Pay version 2.3, Over the weekend, Samsung said in a statement it had divested itself of stakes in four technology companies to help pay for the recall.
PYMNTS
FEBRUARY 21, 2019
Samsung announced on Wednesday (Feb. The smartphone, Galaxy S10, is set to hit the market in late April, and will be priced just under $900. It gives us the opportunity to add a trust layer to operations, and design new disruptive services.”.
PYMNTS
JANUARY 12, 2020
12), as Samsung has unveiled its Galaxy XCover Pro, an enterprise-grade smartphone that comes pre-installed with Visa’s Tap to Phone app. The partnership with Samsung is the first time the Tap to Phone software has been integrated into a device. The mPOS landscape got more interesting today (Jan.
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