Samsung Pay news and trends

Digital Wallets Exhibit Highest Increase in Fraud Among All Payment Methods
Fraud Prevention // October 20, 2023

Banks in the U.S. report a rapid increase in fraud and fraud losses, highlighting the urgent need for newer and better anti-fraud technologies. The rise of digital banking and faster digital payment methods have made financial institutions (FIs) more vulnerable to increasingly sophisticated fraud and...

Amex Drops Support For Samsung Pay In India
International // August 30, 2021

American Express (Amex) is ditching support for Samsung Pay in India, which was launched in 2017 to back credit and debit cards from financial institutions (FIs). Amex is one of several banks that folded Samsung Pay into its system, but has now decided to exit...

Today In Payments: Albertsons Laying Off Union Drivers In DoorDash Pivot; PayPal Joins Divvy’s $165...
News // January 06, 2021

In today’s top news, Albertsons is laying off some of its unionized drivers as it teams with DoorDash, and FinTech Divvy raised $165 million. Plus, in a new SEC filing, Affirm revealed that it is looking to raised as much as $934.8 million, to value...

Samsung Pay Drops Rewards As Mobile Wallets Vie For A Spot In The Mix
Mobile Payments // January 05, 2021

Mobile wallet lovers, the ranks of which grow daily, are still buzzing with the late 2020 announcement that purchases made with the Samsung Pay mobile wallet in 2021 will not earn rewards points redeemable with the popular Samsung Rewards program. It’s starting a wider discussion...

Interviews & Exclusives
Samsung Pay: Getting Past Contextual Commerce Friction

March 25, 2019
For an increasingly growing share of connected consumers, contextual commerce is becoming a way of life – even if they aren’t exactly familiar with the term. With the rapid proliferation of shoppable social media channels – as well as the explosion of wearables, smart speakers and other connected devices that are location-aware, along with advances […]

Will BoA Give B2B Mobile Wallets A Boost?

September 19, 2018
Polished shoes and nice jacket? Check. Laptop? Yep. Business cards and document pouch? Got it. Company-issued plastic? Ha! Who needs that? A successful business trip depends on preparation, and that...

Samsung Pay And PayPal Power In-Store Payments

April 23, 2018
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. What’s been largely left behind,...

India’s Grand (Cashless) Experiment, One Year On

November 23, 2017
Anniversaries are a time for reflection, and one year into India’s grand de-monetization drive, the results are mixed.  Counterfeiting activity has simply moved to embrace the new notes. GDP is...

Quick Reads
Mastercard and Samsung Partner on Digital Wallet Program

December 06, 2023
Mastercard and Samsung Electronics have partnered on a new program called Wallet Express in the United Kingdom. This collaboration aims to provide banks and card issuers with an efficient way to expand their digital wallet offerings, giving U.K. consumers more options to make payments conveniently and securely, the companies said in a Wednesday (Dec. 6) press release. By incorporating Wallet Express […]

Amex Drops Support For Samsung Pay In India

August 30, 2021
American Express (Amex) is ditching support for Samsung Pay in India, which was launched in 2017 to back credit and debit cards from financial institutions (FIs). Amex is one of...

SoFi Powers Samsung Pay Mobile Banking Services

May 27, 2020
To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. The technology company said the account is secure and offers...

Samsung Pay Launches Debit Card, Money Management

May 08, 2020
Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. “Now more than ever, people are counting on technology...