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Samsung: Wearables Sales Soared 30 Pct In 2020

PYMNTS

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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Swift Prepaid, Bitty Pair Up For Virtual Merchant Cash Advances

PYMNTS

The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay. Their collaboration links Bitty to Visa Direct functionality, allowing it to brand virtual and physical prepaid and debit cards linked to a business account.

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Klarna Debuts Social Shopping In The UK

PYMNTS

Last month, the FinTech introduced a “ Wish Lis t ” to up its social game by connecting with lists curated by brands, influencers and shopping experts and share them with family. It partners with more than 200,000 merchants, including H&M, Ikea, Samsung, Peloton, Abercrombie & Fitch and Nike.

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Bustlingly Busy, Visa’s Vistas Expand

PYMNTS

Big Tech Battle of Market Caps : Amazon’s market cap has hit a significant milestone. With a new high of $900 a share, the company’s recent market cap stood at more than $430 billion. That’s nearly twice the market cap of Walmart and has three times the revenue of that stalwart eCommerce player. The lesson here?

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The Lebron Effect On Payments

PYMNTS

From concept to its launch in January of 2018, Amazon Go took five years to make it to market with its first location, found on the ground floor of the firm’s new headquarters. According to its internal numbers, Lyft now controls 35 percent of the national ridesharing market, up from 20 percent 18 months ago.

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SMB Financing, eLearning Platform Payments, Rise Of Auto-Refill Economy Tops This Week’s News

PYMNTS

Brands and marketplaces now make it simple to auto-refill all sorts of products such as pet food and paper towels. Mastercard: Inside The Samsung Pay ‘Super Card’. One of the most recent developments in this space was the announcement of the Samsung Pay Card , which is powered by Curve and Mastercard technology. Walmart ’s U.S.

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Viewing Mobile Payments Strategy Holistically

Celent Banking

Android Pay launched in the US a few days ago, and Samsung Pay is expected to be available there soon as well. Should they consider alternative options, such as their own HCE-based, or depending on the market, even SIM-based NFC solutions? Should a bank just stick with Apple Pay or enable their cards with all the “pays”?

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