Vice president and GM of Samsung Pay Sang Ahn said in a blog post that the personal finance company SoFi has been enlisted to launch the new card and account services. Ahn continued by saying that Samsung’s “mobile-first money managing platform” was developed last year, and that we can expect the Samsung Pay systems to come stateside this summer.
“Now more than ever, people are counting on technology to help them make contactless payments, shop, and manage their finances without leaving the house,” Ahn continued. More details are expected to be unveiled in the coming weeks.
The news sees Samsung step into a mobile money managing territory currently dominated by Apple, which as reported by Mashable, is expected to have 227 million users using its Apple Pay service this year. Samsung Pay is expected to reach 100 million users by the end of 2020. Stay tuned to HYPEBEAST for more information as news unfolds.
In case you missed it, check out this bezel-less Apple iPhone 12 leak.