Tag: Samsung Pay

We did it — we made it to 2023! As you begin the new year, use this as a chance to finally ditch your physical wallet and embrace Apple Pay.

Following in the footsteps of Apple Wallet and Google Wallet, Samsung has now announced its own Samsung Wallet app — and it's available now.

Samsung Pay vs. Google Pay: Which mobile payment app is better?

LG is set to officially shut down its mobile division this coming July 31, 2021. This comes after years of sales declining until the South Korean tech company finally decided to throw in the towel. LG’s presence will be missed, the company never shied away from taking risks with design and always showed a dedication to high-quality audio on its devices.Something else that will be missed, although probably not by many, is LG Pay. However, fans of the contactless payment system will have a little more time to use it or transition to another service because it won’t go completely dark until November 1, 2021.Leading up to that day are some important dates to note though. Beginning with June 1, 2021, when LG Pay will no longer allow you to purchase or add gift cards to your account. Next, on August 1, 2021, sign-ups for LG Pay will be discontinued, and current users will be unable to register additional cards, although they will still be able to continue using the service.Finally, on November 1, 2021, LG Pay will close its doors for good and you’ll no longer be able to use the service. If you’re one of the few LG Pay users out there, be sure to back up any gift cards and loyalty cards you have in the app. You can find out more info about that on LG’s FAQ page, as well as how to unenroll early if you choose to do so.Without LG Pay in the market, you’ll either have to make the switch to Samsung Pay, if you use a Samsung phone that supports it, or Google Pay. The benefits of Samsung Pay are that it uses MST technology on phones that support it and allows you to pay at most credit card terminals without using NFC. Google Pay, on the other hand, requires a special terminal that isn’t as widely supported, but it is available on almost every Android phone. 

Samsung's answer to Apple Card, Samsung Pay Card, has launched in the UK.Samsung has paired with Mastercard and fintech company

The card will be accompanied by a 'mobile-first money management platform'

Today is the 5-year anniversary of the launch of Samsung Pay. In that spirit, Samsung has announced their plans for the future.Their blog posts recaps the past 5 years of Samsung Pay and its accomplishments, such as being the first to launch a Cashback program and their efforts to make Samsung Pay accepted almost anywhere.They also include their plans for the future of Samsung Pay.Samsung plans to work with their partner SoFi in Summer 2020 to create a new experience with a debit card backed by a cash management account. However, they state that this is only a first step in their broader plans to create a new way for users to manage their money.You can read the full post here.

Samsung Pay is now celebrating 5 years of being in the market. After powering millions of transactions across the world, the wireless payment system is now headed for the future. With a new debit card backed by SoFi, a renowned personal finance company. The card will integrate seamlessly with Samsung Pay users allowing them to make payments and manage their cash without opening a bank account.Samsung Pay – The future of transactionsSamsung Pay has been at the forefront of payment methods for Android users. With secure payments and contactless payments making life easier for smartphone users. With NFC becoming common in mid-range phones, it’s now easier than ever to pay for food and services without the need for paper.In a blog post published by Samsung, they have talked about a new debit card they have made in collaboration with SoFi. This card will be backed with a cash management account powered by SoFi. This means a whole new level of convenience as it saves you the trouble of opening a second bank account to manage the debit card.While there are no details on the debit card in particular, more will follow in the coming weeks as Samsung plans on introducing the debit card shortly formally to highlight all the features and more about the card.With the current global situation, many people are moving toward contactless solutions for payment. The new debit card sounds like a good addition to the Samsung Pay family to further improve the payment mechanism if it has all the backing of SoFi and Samsung.As Samsung Pay continues to innovate, new features added to the payment gateway truly make it a work of wonder for Android users. While the 5 years has paved the way for other companies to enter the same space, Samsung Pay was among the first to introduce this robust technology.We are definitely eager to see what the future holds for Samsung Pay and its rumored debit card. It will have to check all the right boxes to entice Samsung customers to sign up for it.What are your hopes for the debit card? let us know in the comments section below.

Learn how to set up Samsung Pay on your Galaxy smartphone or wearable and use it for easy mobile payments.

Chase Freedom will offer cash back rewards for cardholders using contactless payment. You'll earn up to five percent back by using your Freedom card with any of the four major mobile wallets.The post Chase will soon offer cash-back rewards for cardholders using mobile pay appeared first on Digital Trends.

Samsung Pay aims to rival Apple Pay and Google Wallet in the mobile payment space. Here's everything you need to know about the service, from how it works to where it's accepted and which countries it will reach next.The post Everything you need to know about Samsung Pay appeared first on Digital Trends.

Samsung Pay aims to rival Apple Pay and Google Wallet in the mobile payment space. Here's everything you need to know about the service from how it works, where it's accepted, and which countries it will reach next.The post Everything you need to know about Samsung Pay appeared first on Digital Trends.