Samsung Pay Launches Crypto Payment Feature via Coinbase App in US and Canada

Starting this week, Samsung Pay will be gradually integrated into Coinbase's app as a payment and deposit option within the largest cryptocurrency exchange in the United States. This integration allows users to conduct transactions and fund accounts using Samsung Pay. The initiative reflects Samsung’s ongoing commitment to providing innovative mobile experiences and Coinbase’s strategy to deliver quick, simple, and regulation-compliant cryptocurrency services globally. Initially, the feature will be available to a select group of Coinbase users over the next month, with plans to expand to all users across the U.S. and Canada soon. Drew Blacker, Senior Vice President of Mobile Product Management at Samsung Electronics America, emphasized that expanding Samsung Wallet's services through partnerships with industry-leading firms like Coinbase aligns with their core belief in delivering the best user experience. He added that this partnership enables users to explore and utilize cryptocurrencies digitally using just their mobile devices within a trusted platform. Samsung Wallet, an integrated app combining Samsung Pass and Samsung Pay, supports a wide range of functionalities—mobile payments, installment plans, P2P transfers, cryptocurrency trading, and management of digital assets such as IDs, membership cards, and digital keys. It includes features like tokenization, biometric authentication, and Samsung Knox security platform, with sensitive information stored securely in a dedicated environment (eSE) inside the device, protecting against hacking. More details on Samsung Wallet’s features and device compatibility can be found on the official Samsung website.