Samsung launches Wallet, the ultimate contactless payment and storage application for your cryptocurrencies

Samsung just announced the big return of Samsung Wallet, its in-house digital wallet. In this new formula, the South Korean company wants to centralize all its payment services, password management and secure storage.

Credits: Samsung

Digital wallets have become particularly popular with users, so much so that many manufacturers now offer one in their respective ecosystem. This is obviously the case from Apple with Apple Walletor even Google Pay on the side of the Mountain View company. Furthermore, it is possible that Google Wallet will return to Android 13 if we believe the latest rumors.

On the Samsung side, the South Korean brand had put Samsung Wallet in the closet several years ago in favor of Samsung Pay. This is no longer the case. Indeed, Samsung just announced the big return of Samsung Wallet this Friday, June 17, 2022in a completely new formula.

Samsung wallet
Credits: Samsung

Samsung Wallet, the ultimate app to pay and store your data

The idea is simple: he wants the manufacturer centralize all your payment services in a single application, password management and secure storage. In other words, you can then find Samsung Pay and Samsung Pass. Samsung Wallet will host all your payment cards, your loyalty cards, your various passwords, your digital keys, your boarding passes (only for Korean Air for the moment) or even your official documents in digital format. (Coming soon).

In addition, Samsung Wallet also integrates Samsung Blockchain wallet. Users will then be able to quickly monitor their digital asset portfolio and view the value of the different courses. Currently, this feature supports the holding and trading of Bitcoin, Ethereum, ERC20 (ETH-based tokens), Tron, TRC10 and TRC20 tokens.

through Samsung Passusers will be able to do this easily access all their passwords, to quickly connect to all their apps and services. The wallet also offers a full integration with SmartThingsthanks to which you can add and store digital keys to lock and unlock your connected doors.

Read also: Apple Pay Later – 4x commission free payments, here’s everything you need to know

Samsung wallet
Credits: Samsung

Advanced protection via Samsung Knox

Please note that all data stored on Samsung Wallet is protected by Samsung Knox Security Platform. “Protections include fingerprint recognition and encryption which help safeguard sensitive user data “, assures the manufacturer. In addition, digital assets are stored in an isolated environment – Samsung Knox Vault. This other platform delivers increased protection against physical and remote hacking.

As of this writing, Samsung Wallet is available in France, in Germany, Italy, Spain, the United Kingdom and the United States. Just open Samsung Pay or Pass and follow the instructions to integrate Wallet. OR, you can download the app directly from the Galaxy Store.

Finally, you will need to have a smartphone compatible with Samsung Pay (with Android 9.0 Pie or later) to take advantage of Samsung Wallet services. You can check out the full list of eligible smartphones via the image below.

Source: Samsung

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