Samsung Electronics has announced that Samsung Wallet will expand to 13 new markets this year. Since it first launched in June 2022, the digital wallet platform has become hugely popular in markets including China, France, Germany, Italy, Korea, Spain, the U.K. and the U.S. And now, the platform will be even more widely available for users in Bahrain, Denmark, Finland, Kazakhstan, Kuwait, Norway, Oman, Qatar, South Africa, Sweden, Switzerland, Vietnam and UAE.
“Samsung Wallet takes everyday convenience to the next level and we have worked closely with our trusted partners and developers to enrich our Wallet experience,” said Jeanie Han, EVP and Head of Digital Life Team at Mobile eXperience Business, Samsung Electronics. “We are focused on bringing the platform to as many markets as possible, as soon as possible, so more Samsung Galaxy users have the opportunity to reap the benefits of the digital wallet.”
It is a quick, easy and secure way for users to organize and access important documents and identifications — from bank cards and digital keys to travel passes, driver’s licenses and student IDs — with just one swipe. As Samsung continues to collaborate with a variety of trusted partners and developers, the capabilities of Samsung Wallet will continue to grow.
The Samsung Wallet platform is protected by Samsung’s security platform, Samsung Knox, which includes fingerprint recognition and encryption to make sure users’ important data are protected. On top of this, Samsung Wallet stores particularly sensitive documents in an isolated environment, which offers an extra layer of protection against potential digital and physical hacking attempts.
Samsung Electronics
Samsung Electronics Co., Ltd. is a South Korean multinational electronics corporation headquartered in Yeongtong-gu, Suwon, South Korea.It is the pinnacle of the Samsung chaebol, accounting for 70% of the group’s revenue in 2012.Samsung Electronics has played a key role in the group’s corporate governance due to circular ownership. Samsung Electronics has assembly plants and sales networks in 74 countries and employs around 290,000 people. It is majority-owned by foreign investors.As of 2019, Samsung Electronics is the world’s second-largest technology company by revenue, and its market capitalization stood at US$520.65 billion, the 12th largest in the world.
Source: Samsung
