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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. By early 2019, Samsung Pay’s international presence grew to six global 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 Eyes Blockchain Smartphone?

PYMNTS

Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones. The bank said that fellow participants in the transaction included Region Brokerage Company and the Russian National Settlement Depository (NSD).

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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. Using it, in this case, is not a one-shot deal.

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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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Samsung Pay reportedly going live soon in the U.K.

Payments Source

Samsung Pay last week went live in four more regions—Hong Kong, Sweden, Switzerland and the UAE—but despite reaching 14 major global markets, it’s still not officially available in the U.K., one of the world’s most active zones for contactless payments.

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