When the Venmo mobile payment app (which is owned by PayPal) started introducing support for third party apps last year, many saw the move as a ploy to get more money by way of additional business transactions, including those coming from Delivery.com, Parking Panda, and even Poshmark.
It goes without saying that Venmo is hardly the only service of its kind -- rival Zelle happens to have the backing of over 30 major banking institutions with operations in the United States, and on top of that, Zelle can transfer funds easily between the bank’s own mobile apps without ever needing to make use of a middleman such as PayPal or even Facebook’s Messenger platform.
Samsung has just revealed that Samsung Pay, the mobile payment system it developed and then launched back in September of this year, will now have support for debit and credit cards from Chase Bank. This should be welcome news for card holders of Chase Visa, especially now that we are about to enter into the holiday season, wherein more purchases will surely be expected.
Not a bad start for Samsung Pay, the mobile payment system developed by Samsung. To date, Samsung Pay has already gained approximately 1 million users in its native country, South Korea. It may not have replicated that success in the United States market (where it officially launched last month), but the initial uptake is not too disappointing overall (managing to finally snagVerizon Wireless along the way).
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