Category: digital wallet

Samsung’s Pay Card will be a ‘true digital wallet’ for its UK phone owners

[ad_1] Samsung is introducing yet another digital finance product. In the UK later this year, the company will launch the Samsung Pay Card, which it calls “a true digital wallet experience.” You’ll be able to link all of your bank and loyalty cards in one place, giving you a single overview of your whole financial […]

Facebook releases Zuckerberg’s upcoming testimony in defense of Libra

[ad_1] According to Zuckerberg, Facebook is “committed to taking the time to get this right.” But he also points out that China could reveal a similar system in the coming months. “If America doesn’t innovate, our financial leadership is not guaranteed,” Zuckerberg’s prepared statement reads. Supposedly, Facebook isn’t just motivated by self-interest. “Over the long […]

Facebook’s Libra cryptocurrency loses backing from PayPal

[ad_1] A few days after the Wall Street Journal suggested that some companies announced as initial backers for Facebook’s cyptocurrency were reconsidering support, PayPal has announced it will end its participation in the Libra Association. Founding members invest $10 million to fund the association, and as CNBC notes, it’s unclear what happens to that money […]

Visa Checkout to shut down in 2020

[ad_1] The search giant confirmed to 9to5 Google that Visa is migrating to a new solution based on EMV SRC. Such a move would allow Visa customers to use a newly expanded Visa Token system, which secures sensitive user information (such as account numbers and credit card expiration dates) with a digital identifier. That way, […]