Tag "samsung"

Octopus Cards Shifts Towards Digital Wallets on Smartphones

Octopus Cards Limited is facilitating a shift towards digital payments in Hong Kong, encouraging the transition from the traditional physical Octopus cards to a smartphone-based wallet. This strategic move is in response to the changing dynamics of the payment system

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Bank of Korea, Samsung to Research Use of CBDCs for Offline Payments

The South Korean central bank has reportedly partnered with tech giant Samsung Electronics to research Central Bank Digital Currencies (CBDCs) for offline payments. According to local media The Korea Herald, the Bank of Korea (BOK) and Samsung has signed a

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Samsung Ramps up Fintech Play

South Korean computers and electronics manufacturer Samsung is ramping up its fintech play, launching new finance products in India and South Korea, including credit cards, loans for consumer electronics purchases, and a new all-encompassing fintech app. Samsung’s digital lending program

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At Long Last, iPhone Users Will Soon be Able to Use Their Phones Instead of The Octopus Card

Octopus cards will soon be usable virtually via an iPhone, according to the city’s e-payments giant. With the iPhone’s Apple Pay, Octopus users would be able to use their phones to pay for travel, or other purchases, or even their

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