Samsung has announced the introduction of its crypto wallet to eight new countries.
Takeaway Points
- Samsung announced it’s introducing its crypto wallet to eight new extra countries
- The crypto wallet was first launched in South Korea and the US and is now available in 21 countries.
- Samsung said that the wallet is used to store loyalty cards, digital keys, gift cards, boarding passes, credit and debit cards, ID cards, and health certificates and can be shared between family and friends.
Samsung Will Introduce Its Cryptocurrency Wallet to Eight New Countries.
In a press release on Thursday, Samsung announced it’s going to introduce its crypto wallet (Samsung Wallet) to eight new countries. According to the report, it will be introduced to Malaysia, Canada, Taiwan, Brazil, Australia, Hong Kong, India, and Singapore at the end of January 2023.
EVP and Head of the Digital Wallet Team at Mobile Experience Business, Samsung Electronics, Jeanie Han, said they have been working towards expanding the wallet to more customers since last year.
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“When Samsung launched Samsung Wallet last year, we committed to building the experience through open partnerships with our business and service providers and ensuring access to the platform for as many people as possible. Over the past several months, we’ve worked hard to rapidly expand the availability of Samsung Wallet, bringing the platform to more potential Users”. Said Jeanie.
What is the Samsung Wallet?
Samsung Wallet is a new application that has the function of both Samsung Pass and Samsung Pay, It was first launched in South Korea and US, and later launched in 19 other countries. According to the report, it is available in 21 countries, which include Spain, Qatar, the UK, the US, Norway, the UAE, Korea, Kazakhstan, Bahrain, Denmark, China, France, Finland, France, Germany, Vietnam, Italy, Sweden, Oman, Qatar, and South Africa.
Samsung said that the wallet is used to store loyalty cards, digital keys, gift cards, boarding passes, credit and debit cards, ID cards, and health certificates and can be shared between family and friends.
Samsung introducing the crypto wallet to eight new countries is a way of introducing Web3 to more users; last year, Binance, the biggest exchange by trading volume introduced mobile wallets to their customers.
