Samsung Expands Mobile Wallet Globally, Eyes Future Integration with Digital ID, CBDC, and Blockchain
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Samsung is gradually expanding Wallet availability and hopes to bring it to more countries where mobile payments are widely accepted. There are specific criteria they evaluate for each market.
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They are monitoring EU Digital ID and open to a possible future Samsung Wallet collaboration in Europe.
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Samsung is collaborating with Bank of Korea to explore integrating CBDC capabilities into Wallet.
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Key features that make users' lives easier include mobile driver's licenses, open APIs for partners to integrate cards/passes, and secure Knox protection.
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Samsung sees blockchain playing a role in Wallet's future and making it "future-ready," though specifics are still developing.