Samsung Electronics “This summer, we will introduce an innovative debit card”

Samsung Electronics announced that it will introduce an innovative debit card this summer.

Currently, Samsung Electronics is offering Samsung Pay, a mobile payment system. It adopts MST technology that can be used for various wireless payments from online to in-store, as well as as an alternative to credit card magnetic stripe face-to-face at the terminal.

Samsung Electronics has announced that it will introduce innovative debit cards linked to financial accounts in partnership with Fintech Satup SoFi. Details will be announced soon to further expand the Samsung Pay experience.

As for the mobile payment system, Apple Pay and Google Pay are fighting a fierce battle in the market. Apple has partnered with Goldman Sachs to start its own credit card, Apple Card, and there are rumors that Google will also introduce its own debit card, Google Card. This debit card presentation can be expected to lead to device sales promotion by expanding the company’s payment ecosystem. Related information can be found here .