Samsung Pay: Launches Debit Card, Money Management
- 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 also will introduce a tool to help people better manage their financial lives
- Samsung Pay has increasingly grown in popularity, processing more than one billion transactions
- By early 2019, Samsung Pay’s international presence grew to six global regions
- Contactless mobile payments are growing worldwide, but the U.S. has seen slow adoption compared to other regions
- By 2018, about 50 percent of retailers and restaurants starting accepting Apple Pay