Samsung Electronics Co., Ltd announced Monday the new Samsung Pay Card, powered by UK fintech Curve, and in conjunction with global payments technology company Mastercard, has officially made its debut. Samsung reported that Samsung Pay Card gives users complete control over their spending, without the fuss of having to change banks.
“By utilising Curve’s unique technology, alongside Mastercard’s worldwide acceptance footprint, Samsung Pay users enjoy a better banking experience through their Samsung smartphone and smartwatch, whilst gaining the rewards they want along the way.”
Features of the Samsung Pay Card include:
- ONE digital-first card: Samsung Pay Card deploys Curve technology to bring together all Mastercard and Visa banking cards in one place, modernizing the banking experience without the fuss of changing banks.
- Get paid to spend and experience exclusive rewards: Customers can claim instant 1% cashback on top of their existing rewards from a choice of a wide range of brands. As an added bonus, and exclusive to the Samsung Pay Card, customers can also earn 5% on all purchases at Samsung.com.
- Save on fees when spending abroad: Samsung Pay Card allows all customers access to the mid-market rate throughout the week, cheaper than the currency conversion fees offered by many high street banks.
Speaking about the new card, Conor Pierce, Corporate Vice-President of Samsung UK and Ireland, stated:
“At Samsung we believe in the power of innovation and, through our partnership with Curve, the Samsung Pay Card brings a series of pioneering features that will change the way that our customers manage their spending, with their Samsung smartphone and smartwatch at the heart of it. This is the future of banking and we look forward to continuing this journey with our customers.”
Samsung Pay Card is now available to Samsung Pay app users.