Key Takeaways
- Samsung Wallet users can now fund Coinbase accounts using Samsung Pay.
- Rollout begins for select users in the US and Canada, with wider access coming soon.
- The integration aims to combine convenience and security for millions of mobile users.
Samsung and Coinbase have announced a new partnership that allows Samsung Wallet users to fund their Coinbase accounts directly through Samsung Pay.
This integration streamlines the process of purchasing and trading Bitcoin & crypto, enabling users to avoid switching applications or re-entering payment credentials.
Samsung pay integration details
According to Samsung:
“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, the leading cryptocurrency exchange in the U.S.”
Coinbase also confirmed that users in North America can now use Samsung Pay directly in the app for account funding and trading activities.
The rollout will begin with select users in the U.S. and Canada, with full access expected soon after.
Convenience and security focus
Coinbase described the initiative as combining Samsung’s trusted mobile wallet with Coinbase’s secure platform:
“This new integration brings together the convenience of Samsung’s trusted mobile wallet with Coinbase’s secure and intuitive platform, unlocking a smoother path to crypto for millions of mobile users across North America. Whether you’re diving in or doubling down, Samsung Pay makes buying crypto feel as easy as tapping to pay.”
Samsung’s collaborative approach
Drew Blackard, senior vice president of mobile product management at Samsung Electronics America, emphasized the company’s collaborative philosophy:
“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.”
Security features and rollout timeline
Samsung Wallet integrates digital payments, identification, and peer-to-peer transfers, with security features including biometric authentication, tokenization, and the Samsung Knox platform.
Sensitive user data is protected by an embedded secure element. The rollout will expand to all eligible users in North America in the coming weeks.
