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	<title>sofi &#8211; EFR Technology Group</title>
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		<title>Samsung will introduce an &#8216;innovative&#8217; debit card this summer</title>
		<link>https://www.efrtechgroup.com/tech/samsung-will-introduce-an-innovative-debit-card-this-summer/</link>
		
		<dc:creator><![CDATA[Randall]]></dc:creator>
		<pubDate>Thu, 07 May 2020 21:35:14 +0000</pubDate>
				<category><![CDATA[banking]]></category>
		<category><![CDATA[debit]]></category>
		<category><![CDATA[debit card]]></category>
		<category><![CDATA[gear]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[payments]]></category>
		<category><![CDATA[Samsung]]></category>
		<category><![CDATA[samsung pay]]></category>
		<category><![CDATA[services]]></category>
		<category><![CDATA[sofi]]></category>
		<category><![CDATA[Tech]]></category>
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					<description><![CDATA[[ad_1] Samsung wants to do more with payments than offer a virtual prepaid card. The company plans to grow Samsung Pay this summer by introducing a new “experience” that includes an “innovative” debit card supported by a cash management account. Details are only slated to arrive in the “coming weeks,” but it’ll have help from [&#8230;]]]></description>
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<p>Samsung wants to do more with payments than offer a <a href="https://www.engadget.com/2019-10-04-samsung-pay-cash.html">virtual prepaid card</a>. The company <a href="https://news.samsung.com/us/next-evolution-samsung-pay-experience/" target="_blank" rel="noopener noreferrer">plans to grow</a> Samsung Pay this summer by introducing a new “experience” that includes an “innovative” debit card supported by a cash management account. Details are only slated to arrive in the “coming weeks,” but it’ll have help from the financial startup <a href="https://www.engadget.com/2018-01-23-twitter-coo-anthony-noto-resigns-to-run-so-fi.html">SoFi</a>.</p>
<p>It’s not a surprising move for Samsung. Apple has <a href="https://www.engadget.com/2019-03-28-apple-card-rewards-cashback-everything-you-need-to-know.html">offered a credit card</a> since 2019, while <a href="https://www.engadget.com/huawei-credit-card-apple-153712603.html">Huawei is following suit</a>. Google is believed to be <a href="https://www.engadget.com/google-pay-debit-card-leak-175203476.html">working on a debit card</a> of its own. If Samsung doesn’t offer some kind of payment card, it might miss out if these cards turn out to be successful.</p>
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<br /><a href="https://www.engadget.com/samsung-pay-debit-card-213514025.html">Source link </a></p>
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