“The card is being developed in collaboration with digital money management specialist SoFi, and will take the form of ‘an innovative debit card backed by a cash management accounts,’ Samsung explained.” The mobile payments arms race continues, with Samsung having recently revealed that it is currently developing a payment card that will be associated with…
Mastercard is urging its merchant partners in Canada to raise their caps on contactless payments to $250. In announcing the effort, Mastercard framed it as one focused on public health, under the rationale that contactless payments help to facilitate social distancing during the COVID-19 pandemic. It also may be viewed as an effort to further…
The Virginia Department of Motor Vehicles is hoping to make the DMV experience a little more convenient for Virginia residents. The Department has announced that it will now accept Apple Pay, Google Pay and Samsung Pay at all of its 75 locations across the state. Citizens can also use the mobile wallets at any DMV…
QRails has teamed up with Samsung Pay to improve the loyalty programs for several football clubs in the UK. The partnership will allow fans of Queens Park Rangers, Swindon Town, and Peterborough United to add a club-branded debit Mastercard to a Samsung Pay account, which will then allow them to use Samsung Pay to complete…
Samsung is finally giving Samsung Pay users the opportunity to prevent the sale of their personal data. The decision seems to be a response to the incoming California Consumer Privacy Act (CCPA), which seeks to give California residents more control over their personal information while making the data collection process more transparent. To that end,…
Samsung has cleaned up at the CES Innovation Awards, which recognized 46 Samsung products for outstanding design and engineering. The standouts, however, are Samsung’s Galaxy Note10+ 5G smartphone and a pair of Samsung Visual Display products, each of which received a Best of Innovation award. The tech giant also received prizes in a slew of…
The card consolidation platform Curve is now compatible with Samsung Pay. The integration will allow Curve users to link their Samsung Pay account to a debit or credit card from Mastercard or Visa, and gives those users their first entirely mobile payment option. Curve provides its customers with an app and a card that allows…
Samsung is once again following Apple’s lead in their ongoing digital money rivalry, announcing a new digital wallet system called Samsung Pay Cash. It’s essentially a means of letting users of Samsung Pay, Samsung’s mobile payments system, carry a balance on their Samsung smartphones. A user can load money onto Samsung Pay Cash, and then…
“The new Tap&Pay system doesn’t even require users to ‘wake up’ their smartphone screen; essentially the phone – so long as it’s running on Android P or later – becomes its own kind of contactless transit card.” Samsung has made its mobile payments platform easier to use on public transit in two major American cities,…
The growth of mobile wallets doesn’t look like it’s likely to slow down anytime soon. That’s according to new research from Germany’s yStats.com, which indicates that the usage rates for Apple Pay, Samsung Pay, and Google Pay will continue to rise through 2020. Apple Pay was the most popular of the three, and is expected…
Money is going mobile in a big way, suggests a new report issued by the GSMA on the occasion of this year’s Mobile World Congress. Among the notable findings in the mobile alliance’s new “State of the Industry Report on Mobile Money” is the news that at the end of 2018, there were over 866…
Romania is getting its first biometric payment system thanks to a new partnership between Wirecard and Oney Bank. The two organizations will collaborate on Well.com, a mobile app that will allow customers to use their fingerprints or a QR code to authorize payments in Auchan Retail stores throughout the country. “Payment methods are continuously improving…
“The window of opportunity in the US for mobile payment providers like Apple Pay and Google Pay is closing fast,” writes Juniper Research in a new report on the mPayments market. Assessing the results of a survey of over a thousand smartphone users across the US and the UK, Juniper Research finds dismaying trends for…
Apple is not alone in gaining support for its mobile payments platform from Target: The major US retailer has announced that it’s also preparing to enable support for Google Pay and Samsung Pay. Apple announced its support yesterday, marking something of a breakthrough in its efforts to gain support among US merchants. Target was one…
“The French launch of Google Pay also comes after a major extension of its support in the US, with Google announcing in late summer that 111 additional banks and credit unions were supporting the platform.” Google’s mobile payments platform has finally arrived in France, long after its major rivals. Six banks and credit card companies – Boon,…
Switzerland’s Competition Commission, WEKO (for “Wettbewerbskommission”), has raided the offices of Credit Suisse, UBS, TWINT, and other domestic financial services providers in a probe concerning unfair business practices toward mobile payments platforms including Apple Pay and Samsung Pay. WEKO says it is investigating the possibility that these organizations have organized a boycott of the mobile…
“With over 11 patented technologies in our portfolio and many more pending, we continue to demonstrate our commitment to creating the most advanced and accurate iris recognition-based solutions to ensure accurate and convenient authentication of people and access to assets.” – Mark Clifton, CEO, Princeton Identity Princeton Identity has been granted three new patents for…
Samsung Pay has now reached South Africa, the company has announced. Samsung’s mobile payments platform arrives in the country with the support of domestic banks Absa and Standard Bank, as well as Visa and Mastercard. Other partners for the launch include Virgin Money, British Airways, and the Avios airfare rewards program. In a post on…
“…Samsung Pay’s MST technology will allow them to use their Chase Pay accounts to make purchases at virtually any point of sale using their phones, even those that would seem to only support swipe-based payments.” Samsung and Chase Bank have teamed up to integrate the latter’s mobile payments platform into the former’s. That means consumers…
