Samsung just launched its new digital card, the Samsung Pay Card, in the U.K. The Samsung Pay Card will let users integrate all of their existing bank cards into one single card that will act as their digital wallet.
With the Samsung Pay Card, it will be easier to manage money and additionally, use Samsung Pay more universally.
The card is powered by a London-based fintech, Curve, which means that users will get to have access to features offered by Curve. For instance, users will be able to view their card spending at one place, get instant spend notifications, pay cheaper FX fees than banks usually charge, clear peer-to-peer payments from any linked bank account, and switch payment sources retroactively.
With the Samsung Pay Card, users will also be able to make transactions and move them from one card to another, hence having more flexibility and control over their card spending.
Samsung will also be providing an introductory offer on Samsung Pay Card in which users will get 1% cashbacks at selected merchants and can will also earn 5% on all purchases at Samsung.com.
According to the Corporate VP of Samsung UK and Ireland, with their collaboration with Curve, Samsung aims to bring a variety of pioneering features through its Mastercard debit card. "This is the future of banking and we look forward to continuing this journey with our customers.”, he said.