Samsung Pay Now Supports Swipe's Cryptocurrency Visa Cards
Samsung Pay Now Supports Swipe's Cryptocurrency Visa Cards
Swipe Visa holders can now brand payments with their crypto using Samsung Pay on their smartphone or smartwatch.
11195 Full views
205 Total shares
Cryptocurrency Visa card platform Swipe announced a partnership with Samsung Pay on May 1.
The integration allows Samsung Pay users to make payments from their Swipe Visa card balances using Samsung Pay-enabled devices.
The firm claims to have go the first digital wallet platform to provide multi-national back up for both Google Pay and Samsung Pay.
The integration allows Swipe cardholders in the United Kingdom and European Union to make payments from their crypto balances at over fifty million locations globally.
Swipe COO John Khenneth, told Cointelegraph that the business firm's relationship with Samsung was formed through mutual issuing bank Contis Fiscal.
"We were approved by Visa for a digital card plan, in addition to our physical menu program, a few months ago and have been integrating with the bank and Samsung Pay since," he said.
Khenneth stated that Swipe is "hoping to tap into those Samsung lovers whom, with the help of Samsung Blockchain initiatives, have made crypto more than aware to their audience" through the partnership.
COVID-nineteen highlights needs for contactless payment solutions
Khenneth reports noting a "large uptick in [the] number of digital payments on Google Pay," since the outbreak of the coronavirus pandemic."
"Equally people move abroad from greenbacks and physical cards, Google Pay and now Samsung Pay can really aid and create new channels of seamless UX," Khenneth added.
Swipe CEO Joselito Lizarondo said, "Given all of the COVID-19 bug and people steering away from physical products similar cash and, in some instances cards, a digital solution really helps put our client's needs first."
Looking forrad, Khenneth stated that Swipe is "currently working to go live in Southeast Asia/Asia Pacific region by the end of the year," calculation that the platform recently received approval in the U.S.
Cointelegraph reached out to Samsung and had non received confirmation of their affiliation with Stripe as of press time. This article will exist updated accordingly.
Source: https://cointelegraph.com/news/samsung-pay-now-supports-swipes-cryptocurrency-visa-cards
Posted by: bustostholdrie1970.blogspot.com
0 Response to "Samsung Pay Now Supports Swipe's Cryptocurrency Visa Cards"
Post a Comment