Samsung Pay launches Money Transfer with Finablr
Samsung Pay has partnered with Finablr to offer a cross-border payments feature, called Money Transfer, to its users.
This is currently available in the US and will be expanded to other markets in 2020. The service covers 47 countries through a variety of payout methods, all within Samsung’s native mobile wallet.
“Our consumers are global and have friends and family around the world. Samsung is excited to enable users to send money from the US to the rest of world by making it simple, secure and transparent,” says Sang W. Ahn, Vice President & Division Head, Content & Services, Samsung Electronics America.
“Money Transfer is a first step in our vision to evolve Samsung Pay into a platform that makes users’ financial lives more convenient. The range of services in Samsung Pay, developed in close collaboration with industry leaders such as Finablr, positions us to positively impact consumers’ everyday financial experiences.”
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