Samsung announced on Tuesday that it has plans to expand Samsung Pay's services to include both a debit card and a cash management account backing it.
Vice President and GM of Samsung Pay Sang Ahn revealed in a blog post that Samsung is partnering with personal finance company SoFi to launch the new card and account. Both products are expected to arrive in the U.S. this summer, with the "mobile-first money managing platform" having been in development for the past year.
"Now more than ever, people are counting on technology to help them make contactless payments, shop, and manage their finances without leaving the house," wrote Ahn.
We don't know much about Samsung's upcoming offerings yet — not even what the account will be called — but Ahn says the company will be sharing further details "in the coming weeks."
SEE ALSO:Revolut finally launches debit card and app in the United StatesThough Apple Pay is still significantly more popular globally, Samsung Pay continues to gain followers. Samsung Pay users are expected to double this year from 2018, with Statista projecting 100 million users in 2020.
Meanwhile, Apple Pay is forecast to hit 227 million users, up from 140 million in 2018, and already launched its own branded credit card last year. Google Play is also expected to reach 100 million users this year, and is reportedly testing its own debit card as well.
TopicsSamsung
(责任编辑：休閑)
Katy Perry talks 'Rise,' her next batch of songs, and how to survive Twitter
Americans don't use bidets. This startup founder wants to change that.
D.C. is gearing up to become the capital of esports, sponsors team NRG Esports
NASA gives out data about TRAPPISTThis app is giving streaming TV news a second tryXiaomi accused of copying again, this time by Jawbone
Imitation is not always the best form of flattery. 。 SEE ALSO:Xiaomi's MacBook Air clone is called, w
...[详细]
All across the country, schools and states want to dictate where people can go to the bathroom. That
...[详细]Hey law students: Want a job? Well, you better learn to code.
So you got into law school? Congratulations, it's time to start thinking like an engineer.Universiti
...[详细]The March Madness 'news dump' that made us question everything
A "news dump," in the parlance of our times, is when a company or other entity releases bad news at
...[详细]Over 82,000 evacuate as Blue Cut fire rapidly spreads in southern California
A rapidly spreading wildfire in southern California's Cajon Pass has grown in hot, dry weather, thre
...[详细]iPhone photography is about to help these adorable animals get adopted
If you're a pet owner, there's a high chance that your phone is flooded with pictures of your pet. A
...[详细]Radioactive boars have taken over towns abandoned after Fukushima
It's been nearly six years to the day since a tsunami smashed into Fukushima, Japan, ruining the pow
...[详细]Patrick Stewart greeting his rescue dog is all sorts of adorable
Sure, Patrick Stewart is adorable and anyone would be lucky enough to call him a friend. But a delig
...[详细]This German startup wants to be your bank (without being a bank)
BERLIN -- “That is f*cking clever,” said Ben Floyd, 33, as we sat in a trendy cafe in Be
...[详细]Chinese teen's acoustic AC/DC 'Thunderstruck' cover will blow you away
AC/DC is hard enough to emulate on electric guitar, but "Thunderstruck" on acoustic guitar is a sigh
...[详细]Satisfy your Olympics withdrawals with Nike's latest app
College students stage buzzer beater that's almost more thrilling than actual March Madness
SEE ALSO:Revolut finally launches debit card and app in the United States