article thumbnail

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.

Samsung 230
article thumbnail

Samsung Looks To 5G Retail As Revenue Declines

PYMNTS

Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report , thanks to retail sales of its mid-level models. Samsung’s earnings provide a glimpse into the intersection of retail and mobile. can now accept Samsung Pay for in-app payments. Profit Problems.

Samsung 139
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Samsung Rolls Out New Economy-Priced 5G Phone

PYMNTS

Samsung Electronics ‘ new Galaxy A71 5G smartphone hit U.S. retail channels today (June 19) at a price considerably below most 5G handsets. Without a trade-in, the phone is priced at $599 at AT&T (for pre-order), T-Mobile, Sprint and Samsung’s retail website.

Samsung 198
article thumbnail

Samsung Pay And PayPal Power In-Store Payments

PYMNTS

Brick-and-mortar retail has spent the last decade building bridges to the digital world so a new generation of digital consumers can move fluidly between them. Sang Ahn, VP and general manager of Samsung Pay U.S. Samsung Pay Inc. PayPal users who link their PayPal accounts to Samsung Pay will receive a virtual account with a $5.00

Samsung 167
article thumbnail

Braintree Announces Support For Samsung Pay

PYMNTS

can now accept Samsung Pay for in-app payments. In a press release , Braintree said support for Samsung Pay was driven by focusing on what will drive the future of commerce and help merchants. could use PayPal within Samsung Pay at millions of retailers. By allowing U.S. billion transactions globally.

Samsung 159
article thumbnail

Samsung: Wearables Sales Soared 30 Pct In 2020

PYMNTS

Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”. Samsung will face strong competition from Apple.

Samsung 150
article thumbnail

HSBC Bank teams with Samsung on using smartwatches to boost bank branch interaction

Payments Dive

As part of its retail transformation initiative, HSBC has partnered with Samsung on exploring the use of smartwatches in bank branches.

Samsung 208