30 June 2022
Samsung has officially announced Samsung Wallet as the one-stop solution for all digital storage needs of users. It is essentially a merged version of Samsung Pay and Samsung Pass apps. It means the new wallet platform can be used for storing your digital payment methods as well as various identity documents, boarding passes, vaccination certificates, and even cryptocurrencies.
The announcement reveals that Samsung Wallet can be used for storing payment cards, loyalty and membership cards, Digital Keys for both houses and automobiles, Digital IDs, and passwords among others. Samsung says its wallet platform is protected by defense-grade security from Samsung Knox.
There is integration with Samsung Blockchain Wallet for monitoring your cryptocurrency portfolio. A user will be able to check the latest crypto prices across different exchanges from a single place. It even has SmartThings integration for smart home devices and appliance users. The support for official IDs will also become available by the end of the year.
Digital Keys support is available for select cars from BMW, Hyundai, and Genesis. These users will be able to use the wallet app for locking/unlocking their cars, starting engines, and more. Samsung says the newly revamped Wallet will be available in France, Germany, Italy, Spain, the UK, and the US to begin with. All users from these regions will see a pop-up for migrating to Wallet when they will open the Pay or Pass app on their respective devices.
Jeanie Han, EVP and Head of Digital Life, MX Business at Samsung Electronics said,
“Samsung Wallet is bringing a new level of everyday convenience to mobile devices with a totally safe and secure environment for storing digital keys, cards and more. As part of our ongoing commitment to open ecosystems, we will continue to expand on the capabilities of Samsung Wallet by working closely with our trusted partners and developers.”