Samsung Unveils its New Digital Payments Service ‘Samsung Pay Card’

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Samsung Unveils its New Digital Payments Service 'Samsung Pay Card'
Samsung has unveiled its new digital funds service referred to as ‘Samsung Pay Card‘. The firm additionally introduced a partnership with digital banking platform, Curve, and funds processor, GraspCard, to launch the brand new platform. “The all-new digital payments solution will offer Samsung customers greater flexibility and control when managing their finances by offering a single view of spend, whilst also enabling a simple and secure way to pay”, the corporate mentioned in a press release Wednesday.

Calling it an “unique payments solution”, Samsung claimed that the platform will provide clients a “true digital wallet experience”. It will even make digital funds less complicated, the corporate mentioned. The South Korean tech large is anticipated to launch the Samsung Pay Card within the UK later this 12 months.

Curve is a UK-based fintech startup that lets customers consolidate all their financial institution playing cards right into a single card and app. Its partnership with Samsung is the primary of its variety in Europe for Samsung Pay.

In a press assertion, Conor Pierce, Corporate Vice-President of Samsung UK & Ireland, mentioned the brand new funds answer shall be out there by way of Samsung Pay. “We are delighted to announce this new partnership with Curve, coming together to provide a new payment solution for Samsung customers which will be available via Samsung Pay later this year” he ssupport.

It is value noting that this isn’t the primary time that Samsung is working with Curve. The latter added assist for Samsung Pay final November, making it simple for Samsung phone-owners to make cell transactions. The partnership is vital for Samsung, which has to this point struggled to steer main banks to assist its funds platform. The firm shall be hoping that the partnership with Curve will change its fortunes for the higher.

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