People that have visa cards from Swipe are now allowed to make payments with the use of Samsung Pay through their smartwatch or smartphone. This is important because users can now use their crypto. It is possible through a partnership signed between Swipe (cryptocurrency Visa card platform) and Samsung Pay.
With the integration, users of Samsung Pay can make payments with the use of the balances on their Swipe Visa cards. According to Swipe, the system became the first ever digital wallet to offer multi-national support for Samsung Pay and Google Pay.
What is interesting is that the Swipe cardholders in the EU and in the UK can now make payments with crypto balances at 50 million locations around the world. John Khenneth, Swipe COO, declared that the partnership was formed with the help of Contis Financial. He declared:
“We were approved by Visa for a digital card program, in addition to our physical card program, a few months ago and have been integrating with the bank and Samsung Pay since. Swipe is hoping to tap into those Samsung lovers whom, with the help of Samsung Blockchain initiatives, have made crypto more aware to their audience.”
Kenneth declared that ever since the coronavirus pandemic started, more Google Pay digital payments were done. He added:
“As people move away from cash and physical cards, Google Pay and now Sansung Pay can really help and create new channels of seamless UX. Given all of the COVID-19 issues and people steering away from physical products like cash and, in some instances cards, a digital solution really helps put our client’s needs first. Swipe is currently working to go live in Southeast Asia/Asia Pacific region by the end of the year.”
Swipe did receive approval in the United States and is growing at a much faster pace than initially expected.