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

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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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

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

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

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

AUGUST 3, 2020

Mobeewave specializes in letting shoppers utilize their smartphones to access a credit card and process payments. The acquisition follows Apple’s pattern of buying startups to assimilate new technology into its own products. Last year, Mobeewave partnered with Samsung to enable Samsung phones to use the tech.

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PYMNTS

JUNE 13, 2017

Diebold Nixdorf , the connected commerce technology company and Samsung SDS America announced they are teaming up to show how integrating advanced mobile technology — such as facial recognition — and the self-service channel can result in enhanced security and an improved consumer experience.

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PYMNTS

JANUARY 13, 2021

All eyes are on the small business community in the commercial card world as industry players increasingly explore how card products can help Main Street recovery and stay in business. Small Business Card Use On The Rise. Use of a charge card similarly grew year over year from 23 percent to 31 percent.

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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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PYMNTS

APRIL 5, 2017

Mastercard announced Tuesday (April 4) that Mastercard cardholders from select banks in the United Arab Emirates (UAE) will now be able use the Samsung Pay service to make payments in a quick and secure way. Mastercard said it has been actively driving contactless payments in the market.

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The Paypers

MARCH 5, 2021

Samsung Card and Mastercard have announced an integration of fingerprint identification technology in credit cards.

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PYMNTS

SEPTEMBER 28, 2016

Samsung said on Tuesday (Sept. 27) that its one anniversary of Samsung Pay in the United States has brought some new features to the payments platform. The coupons, linked to a membership account, are automatically applied upon checkout using Samsung Pay. formerly Coupons.com), which has a platform for digital promotions.

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PYMNTS

MAY 17, 2017

Samsung Electronic launched its contactless mobile payment service Samsung Pay in the U.K. can make digital payments via Samsung’s Galaxy S line of smartphones to purchases goods and transportation by tapping their mobile phones on contactless payment terminals. According to media reports , consumers in the U.K. In the U.K.,

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PYMNTS

MAY 20, 2016

Samsung has announced a final deal that will make China’s most popular mobile payments platform — the Alibaba-backed Alipay — available to Samsung users through Samsung Pay. Samsung Pay can also process Alipay’s QR codes.

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PYMNTS

MARCH 11, 2019

But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. At the same time, new technologies are coming on the market to serve these merchants. And technology and payments firms are collaborating to bring offerings to market.

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Bussman Advisory

OCTOBER 7, 2023

Gain insights into disruptive technologies, industry updates, and success stories from our portfolio companies. Source Samsung’s IoT-Trackable Credit Card: Samsung unveils revolutionary card that can be physically tracked Samsung has unveiled a unique credit card in South Korea that can be tracked using its SmartThings Find service.

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Bank Innovation

MAY 1, 2017

After all, consumers are not ready to give up their cash and card-filled wallets quite […]. In fact, a recent Accenture study suggests that 56% of North American consumers are aware of mobile payment services, but only 19% use their mobile wallet regularly.

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PYMNTS

JANUARY 23, 2019

Next week, shoppers at those 1,800 stores will be able to use contactless cards, as well as contactless mobile payments, via any one of the mobile wallet “Pays” — Apple , Google and Samsung. That is consistent with what we have seen around the world when it comes to contactless card adoption,” Sanford said.

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PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. Morgan Enhances Virtual Cards Via Marqeta. Bottomline Rolls Out Open Banking Service.

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PYMNTS

JUNE 16, 2017

Netclearance , provider of the world’s biggest network of smart technology Bluetooth payment terminals, unveiled the world’s first commercially available Bluetooth 5 payment beacon. While it offers better range, lower power and faster speeds, the smart technology is fully backward-compatible with previous generations.

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Payments Source

MARCH 21, 2016

Samsung is fond of using cash rewards to drive Samsung Pay signups, offering consumers $25 to $100 in recent months for enrolling a payment card in the handset maker's mobile wallet. But that strategy is not a fit for all card issuers, according to the fine print in the latest Samsung Pay promotion.

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PYMNTS

AUGUST 11, 2016

A love of rewards programs and befuddlement with mobile technology were some of the findings from the latest PYMNTS/InfoScout Mobile Payments adoption tracker, which has polled 4,000 consumers over the last 18 months. Apple Pay users sometimes choose a credit card to pay to make use of rewards points. percent are Apple Pay users.

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PYMNTS

OCTOBER 10, 2016

The CFPB dropped its latest set of regulations for prepaid payments cards , to some cheers (for offering clarity on fees) and some jeers (for thinking that prepaid cards are credit products and require underwriting for $25, 24-hour overdrafts). Speaking of going wrong… More Phones On Fire For Samsung. megapixel camera.

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PYMNTS

APRIL 12, 2018

Bank is mobilizing Mastercard commercial card products, the financial institution (FI) announced on Wednesday (April 11). Bank Corporate Travel Card said it will now support mobile payments for corporate customers using business travel cards that run on the Mastercard network. In a press release , U.S. According to U.S.

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PYMNTS

AUGUST 4, 2016

Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Riders with NFC-enabled mobile phones will be able to download the EASY Card, and for those without NFC-enabled phones, the app will provide a display-generated ticket and one with a bar code.

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PYMNTS

APRIL 23, 2019

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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Payments Source

OCTOBER 20, 2020

Payments technology entrepreneur Will Graylin is launching OV Valet Superkey, a payment card and digital wallet that can initiate touchless payments at more than 90% of all payment terminals. It pairs with an app that supports messaging and live chat functions.

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PYMNTS

FEBRUARY 9, 2017

USA Technologies (USAT), the payment technology provider of cashless and mobile transactions in self-serve retail, announced Wednesday (Feb. 8) agreements with several Pepsi Cola bottling franchisees throughout North and South Carolina to use USAT’s cashless payment technologies within their existing inventory of vending machines.

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The Paypers

MARCH 13, 2017

(The Paypers) Samsung SDS has teamed up with Blocko to develop blockchain technology for Samsung Card, the conglomerate`s credit card company.

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PYMNTS

JULY 15, 2020

The news comes as Samsung Electronics America, Inc. unveiled a new mobile-focused money management experience named Samsung Money by SoFi to assist users in handling their everyday finances per news in May. The virtual card will instantaneously show up in Samsung Pay at the time of approval.

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PYMNTS

AUGUST 22, 2018

is expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. With the new checking accounts, customers will get access to sporting events and other entertainment, just as Sapphire Reserve credit card customers do. JPMorgan Chase & Co.

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PYMNTS

FEBRUARY 28, 2018

Mastercard and MegaFon have introduced two joint initiatives that will allow subscribers to link their mobile phone accounts to Apple Pay or Samsung Pay through the creation of a virtual Mastercard card. We hope to encourage most users of Apple and Samsung devices in our network to subscribe to this service.

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Payments Source

MARCH 2, 2016

Samsung Pay now supports cards issued by Wells Fargo, giving it compatibility with 70% of the U.S. credit and debit card market.

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PYMNTS

AUGUST 20, 2020

The New Samsung Pay Card . One of the most recent developments was this week’s announcement of the Samsung Pay Card powered by Curved and Mastercard technology. In a typical digital-wallet offering, one registers their card credentials into the wallet directly.

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Bank Innovation

JANUARY 20, 2017

The bank launched BMO Harris Bank Masterpass – a Mastercard-branded wallet – as well as Android Pay and Samsung Pay yesterday for “select” credit and debit cards. Just when you thought the digital wallet craze was left behind in 2016, in comes BMO with three new wallets. The wallets are Read More.

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