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Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. has seen slow adoption compared to other regions.

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Samsung Pay Partners with RBC for Payment Support

Bank Innovation

Personal payment cards issued by the Royal Bank of Canada are now supported by Samsung’s mobile payment system, Samsung Pay, the company announced today.

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Samsung Pay Adds Key Bank Partners

PYMNTS

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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Samsung Pay Launches In China

PYMNTS

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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CIBC Pulls Mobile Payment App As Apple Pay, Samsung Pay Grow In Popularity

PYMNTS

According to a report , the CIBC said the move was prompted by more popular payment alternatives being offered by Samsung and Apple. Last May, it introduced support for Apple Pay and is now one of only five big banks in Canada to offer support for Samsung Pay as well.

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Standard Chartered Unveils Digital Card Issuance; UnionPay Inks Cooperation Agreements

PYMNTS

Standard Chartered Bank has unveiled instant digital credit issuance in Singapore to shorten the process of accessing a credit card, according to reports. Applicants can activate their cards after they attain immediate approval for their applications. They can then add their cards to wallets from Google Pay, Samsung Pay and Apple Pay.

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Samsung Pay makes UK market debut

NCR

Samsung has boosted competition in the UK mobile payments market, with Samsung Pay finally arriving in the country this month, almost two years after the launch of Apple Pay and a year after Android Pay’s rollout. The post Samsung Pay makes UK market debut appeared first on Banking.com. Image: iStock/shironosov.

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