Cryptocurrency Visa card platform Swipe has announced a partnership with Samsung. The companies are joining hands to allow Samsung Payusers to make mobile payments from their cryptocurrency debit card balance via compatible smartphones and wearables. This partnership was seemingly made possible through mutual issuing bank Contis Financial.
Once Samsung Pay’s integration with Swipe goes live, users with compatible Galaxy smartphone and smartwatch users would be able to link their Swipe card account with their Samsung Pay account. The new integration will be available to users across Europe and the UK. They would be able to make payments at over 50 million locations in the region.
Swipe is planning to expand its partnership with Samsung to the Asia Pacific and Southeast Asian regions by the end of this year. The cryptocurrency platform recently received approval in the US via Visa’s TPA program. Swipe’s cryptocurrency debit cards are also compatible with Apple Pay and Google Pay. The crypto payments platform supports over 30 currencies, including cryptocurrencies, fiat, and stablecoins.
Despite the incredible development of cryptocurrency and its active introduction into the financial life of society, there is still a very high risk of encountering fraud. Therefore, I advise you to choose a crypto platform or exchanger very carefully. You can check out this Bitcoin website to learn more about government regulation of the crypto market, measures to reduce fraud, and standards for crypto exchanges like Bitcoin decode.
