Earlier today (25th June 2020), Samsung made an announcement regarding its new digital payment service. The South Korean tech giant has partnered up with Curve, a European digital banking firm, and Mastercard to bring Pay Card.

The Pay Card is a new service that lets users manage and monitor their finances. It acts as a primary hub through which one can view all of their spendings through a smartphone. With the help of Curve, Pay Card is linked to your bank cards and offers a secure method to transfer payments.

Editor’s Pick: Samsung Galaxy Z Flip 5G key specs leaked; packs Snapdragon 865 Plus SoC

According to Conor Pierce, Corporate Vice-President of Samsung UK & Ireland, “At Samsung, our customers are at the heart of everything we do, which is why we strive to create the best technology, services, and solutions. The Samsung Pay Card powered by Curve will allow us to expand our Samsung Pay offering, giving our loyal customers even greater benefits and rewards than ever before.”

The partnership for the new financial service is a first of its kind in Europe for Samsung Pay. This service will be launched in the UK later this year with plans for further expansion. It also marks another step from the company towards the digital financing sector, as it had previously partnered with SoFi for new debit cards and cash management accounts as well.

UP NEXT: Pokémon Unite from Tencent brings a new strategy based MOBA title to handheld devices

The post Samsung unveils its new digital payment service dubbed Pay Card appeared first on Gizmochina.