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Samsung Wallet to Go Live in New Markets

Samsung Wallet will soon appear in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore, and Taiwan.

Samsung Wallet to Go Live in New Markets

Source: Pixabay.com

The exact launch date of the Korean company’s digital wallet has not yet been announced. Representatives of the firm said that this will happen before the end of January. After entering new markets, the total number of countries whose residents have access to Samsung Wallet will be 29. This was announced by the company.

Samsung Wallet users have the ability to store and use digital payment cards, loyalty cards, membership and ID cards, digital keys, boarding passes, and other credentials on their compatible Galaxy smartphones.

Samsung launched a digital wallet in June 2022. Then the service became available in Bahrain, China, Denmark, Finland, France, Germany, Italy, Kazakhstan, Korea, Kuwait, Norway, Oman, Qatar, South Africa, Spain, Sweden, Switzerland, Vietnam, the United Arab Emirates, the United Kingdom, and the United States.

Owners of Galaxy smartphones with Android 9 Pie software or later can upgrade to Samsung Wallet from Samsung Pay, Samsung Pass, or via the Galaxy Store online store.

Samsung Wallet securely stores passwords and allows users to quickly log in to applications and services. This product also helps clients track their digital asset portfolio.

Using Samsung Wallet, customers can check the value of cryptocurrencies on various exchanges. Users can easily add the digital house and car keys, but only for selected BMW, Genesis, and Hyundai models. The company intends to expand cooperation with car manufacturers.

Samsung Wallet supports digital boarding passes for services provided by Korean Air.

Digital wallet security features include fingerprint recognition and encryption, which help protect sensitive user data. Main confidential items in Samsung Wallet are stored in an isolated environment.

As we have reported earlier, Samsung unveils all-in-one Kiosk for contactless ordering and payment.

 

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.