In recent years we have seen how banking and telephony have come together to create products. Rather, they are solutions so that users can make their payments by themselves, without waiting for someone to attend to them in the bank itself or send money to other users. The result has been the arrival of functions such as Bizum or applications such as Google Pay, Apple Pay or Samsung Pay. And it is precisely the latter that we have to talk about today and that is that the plans of the Korean house are finally unveiled with your Samsung Money card.
Samsung debit card arrives: Samsung Money
Many may not know it, but it is something that is learned when you go to the bank for the first time and request a card associated with an account. The plastics associated with this activity are the so-called debit cards which subtract money from your account for every purchase you make. The credit ones work as if they were a loan, but that is another topic because today we are going to talk about Samsung Money, the Samsung card.
Why does Samsung launch a credit card? It is true that the Korean company is one of the best known in the world of technology, although it has one of its apps that helps you pay from your own mobile phone at home. This is Samsung Pay that was one of the first to work thanks to the NFC of smartphones. But over the years it has seen that its most direct competitor has moved more than a year ago with the Apple Card.
The Samsung card does not work differently than a traditional debit card. You can pass this by the dataphone of a business and it will recognize it instantly making the corresponding payment. The money will be taken from Samsung Pay, so you need to have your account associated with the service or use its ‘wallet mode’ with enough euros to load your purchases.
First available in the United States
All this procedure will be borne by the financial SoFi with which Samsung is already working, hence its service printed on the card. But to use the Samsung Money plastic we will have to wait since it will come out first in the United States. However, you can sign up to their waiting list to know when it will be available in your country.