Finance Breaking news Samsung Pay taps Solarisbank to connect with any German bank account last financial news

Breaking-Finance.Com - Samsung has joined forces with Visa and Solarisbank to enable Germans to link an account with almost any bank to its contactless mobile payments service.

Finance Breaking news Samsung Pay taps Solarisbank to connect with any German bank account last financial news

Breaking-Finance.Com - Samsung has joined forces with Visa and Solarisbank to enable Germans to link an account with almost any bank to its contactless mobile payments service.

Finance Breaking news Samsung Pay taps Solarisbank to connect with any German bank account last financial news
29 September 2020 - 23:15

Breaking-Finance.Com - Samsung has joined forces with Visa and Solarisbank to enable Germans to link an account with almost any bank to its contactless mobile payments service. In a European first, people who register for Samsung Pay will receive a virtual Visa debit card which they can link to "almost any" German bank account.Solarisbank is providing the technology to connect Samsung Pay to bank accounts, using what it calls a "novel and convenient" KYC process which does not require a video identification or a branch visit.

.Users will also get access to Solarisbank's Splitpay product, enabling them to pay for purchases over EUR100 in installments over a period of up to 24 months.Man-Young Kim, president, Samsung Electronics GmbH, says: "Instead of entering into numerous partnerships with various banks, we decided to trust in the proven track record and neutrality of Solarisbank. "The combination of technological and regulatory know-how for a fast and compliant product development has made a lasting impression on us."

Source = Breaking-Finance.Com

Financial breaking news

This news 9 hits received.

Finance Breaking news Samsung Pay taps Solarisbank to connect with any German bank account last financial news


Finance Breaking news Samsung Pay taps Solarisbank to connect with any German bank account last financial news


Finance Breaking news Samsung Pay taps Solarisbank to connect with any German bank account last financial news


Finance Breaking news Samsung Pay taps Solarisbank to connect with any German bank account last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news Fujitsu, JCB and Mizuho to test digital identity interoperability last financial news
Finance Breaking news Fujitsu, JCB and Mizuho to test digital...
Finance Breaking news Citi launches 'True Name' cards last financial news
Finance Breaking news Citi launches 'True Name' cards...