Starting this week, Samsung Pay will begin rolling out as a payment method and deposit option for trading and funding user accounts within the Coinbase app. Coinbase makes fast, easy, and compliant crypto services available to communities worldwide.
“As we continue to expand the scope of services of Samsung Wallet, we’re staying true to our core belief that open collaboration with industry leaders will provide the best experiences for our users,” says Drew Blackard, Senior Vice President of Mobile Product Management at Samsung Electronics America. “This partnership with Coinbase will allow our users additional access to explore and engage with crypto on a trusted platform all from the convenience of their mobile device.”
Samsung Wallet combines Samsung Pass and Samsung Pay into a single, easy-to-use application for mobile transactions and all your digital essentials, including memberships, digital keys, and more.
It features layers of security including tokenization, biometric authentication, and Samsung’s proprietary defense-grade mobile security platform, Samsung Knox. Highly sensitive information is stored in the embedded secure element, an isolated environment on-device that provides added protection.
The feature will be rolled out to select Coinbase users over the next month, with broad availability expected in the near future.