Samsung Pay launches remittances in US - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

By getting into the remittance space, Samsung Pay could threaten established firms and digital players:

But Samsung Pay's remittance play could challenge both segments since it's set to offer digital remittance services and has a consumer base that already uses it for other payments processes, so they may prefer to use Samsung Pay since they're familiar with it. This could hurt other remittance players' ability to recruit consumers, so they need to invest in making it as easy as possible to start using their services to minimize Samsung Pay's appeal.

, Business Insider Intelligence's expert product suite keeping you up-to-date on the people, technologies, trends, and companies shaping the future of consumerism, delivered to your inbox 6x a week. >>

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Digitization is changing the way business operates – and one CEO thinks tech could 'make us happier'Technology is changing the way people work and firms are run. Everyone listen to this CEBro! With a siesta built into the workday he must be mainlining happiness trustheprocess
Source: CNBC - 🏆 12. / 72 Read more »

British Business, Luxury Leaders Call New U.S. Tariffs ‘Devastating’The U.S. is the largest single market for British luxury goods, and the punitive duties will damage a flourishing exports business, say industry leaders.
Source: wwd - 🏆 24. / 68 Read more »

US Cellular and Charter challenge Big Four in US wireless marketWhile the United State's Big Four carriers dominate the wireless market, other players like US Cellular and Charter can gain a foothold by targeting niche audiences:
Source: BusinessInsider - 🏆 729. / 51 Read more »