Crypto Visa Card Platform Swipe Announces Partnership With Samsung Pay
Swipe Wallet Visa Debit Cards Can Now Be Added To Samsung Pay Wallets
May 1, 2020
Crypto Visa Card Platform Swipe Announces Partnership With Samsung Pay
Swipe Wallet Visa Debit Cards Can Now Be Added To Samsung Pay Wallets
May 1, 2020

The leading cryptocurrency banking app, Swipe Wallet has announced a partnership with Samsung Pay. The announcement was made on May 1, 2020 stating that the new integration will allow Samsung Pay wallet users to make payments from their Swipe Visa card balances using Samsung Pay-enabled devices.

The Swipe Card is a Visa debit card funded by cryptocurrencies such as Bitcoin for Euros to be spent anywhere Visa is accepted. Swipe wallet has Swipe Token (SXP) is a utility based cryptocurrency designed to be the gas and fuel of the Swipe Network.

Swipe COO, John Khenneth, stated:

“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.”

Khenneth stated that through this partnership, 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. The ongoing COVID-19 pandemic highlights the need of contactless payment solution being used extensively. With this integration and relationship with Samsung, the cardholders can now enjoy these benefits instantly and use their cryptocurrencies at over 50 million locations worldwide.

ALSO READ :  UK Financial Watchdog Retracts Official Warning About Kraken After Confusing The Exchange With Online Scammers

Khenneth continued:

“Large uptick in [the] number of digital payments on Google Pay,” since the outbreak of the coronavirus pandemic. As people move away from cash and physical cards, Google Pay and now Samsung Pay can really help and create new channels of seamless UX.”

He also informed that Swipe is “currently working to go live in Southeast Asia & and will go live in Asia Pacific region by the end of the year,” adding that the platform recently received approval in the U.S.

Chief Executive Officer of Swipe, Joselito Lizarondo said:

“We are excited to bring Samsung Pay to our cardholders. This integration and relationship with Samsung will open cryptocurrency adoption and make transactions with our Visa card in Euros converted by crypto seamless.  Given all of the COVID-19 issues and people steering away from physical products like cash and, in some instances cards, a digital solution really helps put our client’s needs first.”

ALSO READ :  Italians Prefer Bitcoin Over Visa or Mastercard When Shopping Online

The firm claims to have become the first digital wallet platform to provide multi-national support for both Google Pay and Samsung Pay on a wide number of cryptocurrencies. The integration allows Swipe cardholders in the United Kingdom and European Union to make payments from their crypto balances at over 50 million locations globally.


About Swipe

Swipe is a multi-asset digital wallet and Visa debit card platform designed to let users buy, sell, and spend their cryptocurrencies. Swipe is headquartered in the Philippines with operations in the United Kingdom and Estonia that service European users. The Swipe platform enables users to spend cryptocurrencies in real-time without having to manually convert the transactions prior. Users can also buy/sell cryptocurrencies with their linked bank accounts globally. Follow Swipe on TwitterFacebookInstagram, and Medium blog to get the latest news and updates.


Your Swipe Visa Card and Account will be issued by Contis Financial Services Ltd who is authorized by the Financial Conduct Authority to issue e-money (Firm Reference Number: 900025) and is a member of Visa.


Source: Swipe | Cointelegraph | Image: Pexels


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.