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Today In Payments: Samsung Pay Launches Debit Card; Apple Introduces New eCommerce Portal

PYMNTS

In today’s top news, Samsung Pay is launching a debit card and a money management tool, and Apple has introduced a new ecommerce portal. Samsung Pay Launches Debit Card, Money Management. Samsung Pay has increasingly grown in popularity, processing more than one billion transactions, almost double compared to 2018.

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Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers

PYMNTS

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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Samsung Q3 Mobile Sales Decline 12 Percent

PYMNTS

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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PFS Cardholders Can Now Make Purchases With Samsung Pay

PYMNTS

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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Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay

Bank Innovation

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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Samsung Pay Makes Wallets ‘Loyal’

PYMNTS

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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NCR, Samsung Launch An All-In-One POS

PYMNTS

NCR and Samsung Electronics America announced news on Wednesday (Nov. 8) of the launch of NCR Silver Quantum, an all-in-one point-of-sale (POS) station featuring an integrated payment device that comes equipped with mobile wallet acceptance capability, customer display, a loyalty scanner and a Samsung Galaxy tablet.

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