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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. NFC works with digital wallets and powers contactless payments.

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Samsung Teams With SoFi For Mobile Money Management Solution

PYMNTS

To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. Users can decide to open an individual or joint cash management account with Samsung Money by SoFi.

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Samsung Unveils Samsung Pay Cash

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To offer a new way to shop and spend, the new virtual Samsung Pay Cash account is letting users add money and shop online as well in stores with the Samsung Pay app. Shopping is fun, and Samsung Pay Cash is one way we can help empower people to be knowledgeable about where their money is going.”. Ahn said in the announcement.

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Data Leak Compels Samsung To Activate Two-Factor Authentication

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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.

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Mastercard, Samsung Tie-Up Lets Consumers Pay On Demand

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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.

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Samsung Developing Its Own Blockchain Network, Crypto Coin

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A report has revealed that Samsung is planning to develop its own proprietary blockchain network, as well as launch its own cryptocurrency token. The source also revealed that the company is planning to launch its own “Samsung Coin” in the future. The news comes as Samsung just invested 2.6 million euro (around $2.9

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PFS Cardholders Can Now Make Purchases With Samsung Pay

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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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