4th March 2020 - 2 min read
As some Malaysians begin receiving their brand-new Samsung Galaxy S20 smartphones from the pre-order campaign, an interesting new feature has appeared: the Boost e-wallet will be supported in Samsung Pay.
The screenshot below came from one of the new S20 owners, which leaves nothing to the imagination. But the real question, really, is how the integration will work. Will Boost be unveiling a new digital card? It already has a partnership with UnionPay International (UPI) to support UnionPay QR payments, but UPI cards aren’t supported in Samsung Pay. Perhaps a digital prepaid card from Mastercard or Visa?
Or, could it be a more traditional handshake taking place, where a user will tap and pay using Samsung Pay, and the app opens the Boost e-wallet. In this instance, the user may need to provide biometric verification twice: once to authenticate payment on Samsung Pay, and another on Boost.
Regardless, both parties will benefit quite well from this partnership, as it opens up a huge avenue for payment using Boost to cover non-Boost merchants (which requires its own onboarding process), while Samsung Pay usage will also increase.
Unfortunately, we do not have a Samsung Galaxy S20 unit to test this out for ourselves – we will follow up closely on how exactly this will work in the near future. This partnership is both exciting and very curious – after all, some parties consider Samsung Pay to be an e-wallet, which means this partnership between Boost and Samsung will mean an e-wallet being supported by another e-wallet. E-Walletception, if you will.
We’ve reached out to both Samsung and Boost, but neither party offered a comment. According to local technology portal Amanz, both companies will announce this partnership “soon”.
Subscribe to our exclusive weekly newsletter and we’ll bring you the week’s highlights of financial news, expert tips, guides, and the latest credit card and e-wallet deals.
Stay tuned for what’s to come next in the personal finance world
Comments (0)