With a new digital wallet app, Samsung joins Apple and Google

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The app is protected by Samsung Knox and supports fingerprint recognition and encryption. An isolated Secure Element section will also store “sensitive items” to guard against digital and physical hacking, Samsung says. That includes the digital keys to unlock house and car doors. Currently, Samsung Wallet works with SmartThings smart locks(Opens in a new window) and select BMW, Genesis, and Hyundai models. Galaxy users in France, Germany, Italy, Spain, the UK, and the US can open Samsung Pay or Samsung Pass from an eligible device (the feature requires a Pay-enabled phone running Android 9 or later) and follow the prompt to update and migrate to Samsung Wallet.

From credit cards to home keys to cryptocurrencies, Samsung Wallet has it all. Samsung has combined its Pay and Pass applications into a single virtual billfold called Samsung Wallet, which will allow Galaxy owners to keep digital identity, payment or loyalty cards, keys, and passwords on their phone. Samsung Wallet is a hybrid wallet that stores anything from membership cards and virtual home keys to passcodes and bitcoin (with a splash of SmartThings thrown in for good measure). Samsung has worked with Korean Air to keep boarding permits in the app, and it will enable official papers such as a mobile driver’s licence or student ID later this year.

Highlights

  • Facebook Launches Digital Wallet, But Without Diem Cryptocurrency. The move comes after Apple recently announced several updates for Apple Pay, including Tap to Pay on iPhone, and an Apple Pay Later option. It’s also been adding support for driver’s licenses into its Wallet app. At I/O last month, Google also tipped(Opens in a new window) Google Wallet, a digital wallet for Android and Wear OS devices. Sign up for What’s New Now to get our top stories delivered to your inbox every morning.

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