Samsung announced its new digital payment service. The South Korean technology giant has partnered with European digital banking companies Curve and Mastercard to launch the Pay Card service.
Pay Card is a new service that allows users to manage and monitor their financial status. It serves as a major hub, through which users can use a smartphone to view all their expenses. With Curve, Pay Card can link to your bank card and provide a secure transfer payment method.
The partnership of new financial services is Samsung Pay’s first in Europe. The service will be launched in the UK later this year and plans to expand further. This also marks another step in the company’s digital finance, because the company has previously developed a new debit card and cash management account in cooperation with SoFi.