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Samsung Pay Allows Crypto Payments on Swipe’s Visa Cards

| 02-Th5-2020
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Owners of Swipe Visa are able to make crypto payments using Samsung Pay on their smartphone or smartwatch. This came along with the partnership announcement between crypto Visa card platform Swipe and Samsung Pay – the mobile-based payment project of tech heavyweight Samsung on May 1.

After the collaboration, Swipe cardholders in the United Kingdom and European Union can make payments from their crypto balances at over 50 million locations worldwide. The firm also claims to have become the first digital wallet platform to provide global support for both Google Pay and Samsung Pay. 

In an interview with Cointelegraph, Swipe COO John Khenneth said that the relationship with Samsung was formed through mutual issuing bank Contis Financial.

“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,” he said.  

He also added “ 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”, showing his confidence of the partnership.

Samsung has been well-known for its openness to blockchain and cryptocurrencies. Recently, Samsung Pay has teamed up with payments platform Finablr – one active member of the RippleNet – to roll out cross-border payments upgrade Money Transfer. The upgrade will grant customers the ability to experience “seamless and secure cross-border payments”, across 47 nations, according to TheCryptoSight.

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