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Mobeewave, a provider of in-person contactless payment acceptance software, is getting an investment from Samsung Venture Investment Corporation that pushes a recent Series B funding round led by NewAlpha, Mastercard and Forestay Capital to nearly $20 million.
January 28 -
Samsung’s been pushing for government support for its blockchain and cryptocurrency technology for much of the past year, and early Galaxy S10 leaks suggest a built-in crypto wallet will be among the handset's planned features.
January 24 -
Mobile payments technology has fallen short of expectations in major markets, particularly the U.S., where less than 10 percent of consumers routinely use devices to pay in stores — despite more than four years of aggressive development from large technology companies and banks.
December 13 -
Each of these wallets has developed its own personality — and, presumably, its own must-have feature to pull consumers and merchants away from the competition.
August 10 -
Samsung Pay is adding Chase Pay as a funding option, combining the strengths of two very different approaches to mobile payments.
July 27 -
Samsung is now providing Samsung Pay to over 200,000 users in Mexico after four months since launching in the country.
June 6 -
Google's mobile wallet has gone through several iterations, but the most recent — Google Pay — signals a significant turning point for the company's mobile wallet strategy.
June 6 -
Samsung Pay has worked to differentiate itself from other mobile wallets with Samsung Rewards, and now it’s enriching that program with a cash-back option and the ability to purchase rewards points like airline mileage programs.
May 3 -
Mobile wallets have always been a hard sell. In many countries, credit and debit cards work well enough that consumers don't want to learn a new way to pay. But banks and technology companies are committed to bringing their wallet apps to market. In an effort to stay competitive, these companies have spent considerable effort to get their wallets to stand out not only against competitors, but against the compelling option to keep using cash and cards.
December 22 -
Samsung Pay users this week may begin transferring funds from two participating South Korean banks in the latest expansion of capabilities.
December 11