And as soon as users receive their physical debit card in the mail, there’s no need to call a 1-800 number the card is ready to use in a snap-just open Samsung Pay and activate the card with a tap. The virtual card will appear instantly within Samsung Pay upon approval. Setting up an account in the Samsung Pay app will take almost no time at all. What’s more, users enjoy in-network ATM fee reimbursement at more than 55,000 locations in the United States 3. Users can choose between opening an individual or joint cash management account. Samsung Money by SoFi puts Galaxy smartphone users in charge of their spending and saving. Samsung Money by SoFi offers the best of both: no account fees, higher-interest earning, money management experience that combines the convenience of mobile payments and the control of a debit card. At the same time, many people prefer payment methods that can earn interest instead of paying it. Now more than ever, people are counting on their technology to help them pay, shop, and manage their finances. “We’re excited to partner with Samsung, a world-class technology company, to help power this next-generation financial experience, while expanding the impact of SoFi exponentially.” More Convenience, More Control “At SoFi, we’re committed to helping people achieve financial independence both directly through the SoFi brand, as well as indirectly, through partnering with leading brands like Samsung to help the world get their money right,” said Anthony Noto, CEO of SoFi. As leaders in mobile and financial technology, Samsung and SoFi share a vision to make it more convenient for people to take more control of their financial lives.
Launching later this summer, Samsung Money by SoFi marks the beginning of a new partnership between Samsung and SoFi. We’re excited to help our users reach their financial dreams by allowing them to spend, save and grow their money and access it easily and securely.” Now, users can access mobile-first financial services and earn exclusive Samsung benefits. Samsung Pay is already the most rewarding shopping and payments experience driven by numerous innovations over the years. “Samsung Money by SoFi is our biggest move yet to help users do more with their money. “Samsung’s goal is to make everyday life better by putting powerful tools in the hands of Galaxy users,” said Sang Ahn, Vice President and GM of Samsung Pay, North America Service Business, Samsung Electronics.
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