The Cryptocurrency Visa Swipe card platform has announced a partnership with Samsung. The companies are working together to enable Samsung Pay users to make mobile payments from their cryptocurrency debit card balances through a compatible smartphones and wearable. The partnership appears to be possible through the issuing bank in conjunction with Contis Financial.
After Samsung Pay's integration with Swipe went live, users were compatible Galaxy Smartphone users and smart watches can connect their Swipe card account with their Samsung Pay account. The new integration will be available to users across Europe and the UK. They will be able to make payments in over 50 million locations in the region.
Swipe plans to expand its partnership with Samsung to the Asia Pacific and Southeast Asia regions later this year. The cryptocurrency platform has recently been approved in the US through the Visa landfill program. Swipe cryptocurrency debit card is also compatible with Apple Pay and Google Pay. The crypto payment platform supports more than 30 currencies, including cryptocurrency, fiat, and stablecoin.
There has been a significant increase in digital and mobile payments since the COVID-19 situation escalated. People reportedly began to distance themselves from cash and physical cards to maintain social distance. The companies hope that the integration of Swipe with Samsung Pay will make consumer life easier in the midst of this outbreak and move on.
John Khenneth, COO Swipe, said, “We were approved by Visa for digital card programs, in addition to our physical card programs, a few months ago and have since integrated with banks and Samsung Pay. We hope to benefit Samsung lovers who, with the help of the Samsung Blockchain initiative, have made crypto more aware of their audience."