Paysend partners with Samsung Pay for contactless payments

Wednesday 2 December 2020 11:47 CET | News

UK-based global fintech company Paysend has announced a new partnership with Samsung Pay.

According to the press release, the partnership will allow Samsung users to store their Paysend Mastercard credentials in their mobile wallet and make contactless online and offline payments. Paysend Global Account is a multi-currency wallet allowing users to hold up to eight currencies at any one time and instantly link their card to any one of them, meaning that local payments can be made in a number of countries with the very same card.

Moreover, the partnership will optimise the checkout process for Samsung users with Paysend, with the card no longer needing to be present – increasing speed, convenience and safety for the customers, which is especially important given the importance of contactless payments in a world dominated by the pandemic.

Furthermore, Samsung users with the Paysend Global Account app will now be able to spend their funds in the multi currency wallet such as British pounds, euros, American dollars, Swiss francs, Chinese yuan, Polish zloty, Czech koruna, and Russian roubles via contactless Samsung Pay transactions. Paysend Global Account aims to facilitate multi-currency payments for frequent travellers, expats, and students abroad, who frequently need to switch instantly between currencies.

Overall, users can add their Paysend Mastercard to Samsung Pay either in the Paysend Global Account or Samsung Pay apps, increasing the international potential of their smartphone in just a few clicks.

More: Link

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Keywords: Paysend, business partnership, Samsung Pay, mobile wallet, Paysend Mastercard, contactless payments, Paysend Global Account, multi-currency wallet, card, cards, checkout, mobile payments
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce