Korea’s smartphone maker Samsung is preparing to launch a debit card called Samsung Pay in the global market. Samsung Pay is a payment service, which works only on Samsung’s smartphones. Samsung has partnered with personal finance company SoFi. A company is planning to launch this debit card at the end of this year. Users will be able to shop easily through this card.
Samsung Pay Vice President and GM Sang Ahn says that ‘we have been expanding our service for the last one year and we were busy developing the mobile first money management platform.
Recently Samsung has partnered with personal finance company SoFi for Samsung Pay debit card and in the coming weeks the company will share more information related to Samsung Pay debit card. Also we will share many information related to debit cards in the coming days.
This debit card will linked to the checking account
Sang said that this debit card will linked to a checking account. This will be a type of cash management account. This will give a new experience to Samsung Pay customers. Samsung wants to expand its payment service Samsung-Pay to help customers make purchases.