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. Read more…
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