Crypto

Samsung launches Samsung Wallet to help you store your cards, digital keys, IDs and more

Comment

The Samsung logo on the window of one of the South Korean company's offices in Gangnam, central Seoul, with cars and people on the street reflected in the window.
Image Credits: georgeclerk (opens in a new window) / Getty Images

Samsung announced today that it’s launching “Samsung Wallet” to enable users to store select digital keys, boarding passes, identification cards and more all in one location. The company says Samsung Wallet combines Samsung Pay and Samsung Pass into one secure platform. The mobile wallet was first teased at the manufacturer’s Unpacked event earlier this year.

Starting today, Galaxy users in the United States, France, Germany, the United Kingdom, Italy and Spain can open the Samsung Pay or Samsung Pass apps to migrate to the new Samsung Wallet on their eligible Samsung Pay-enabled Galaxy phones running Android 9 Pie or later.

Samsung Wallet will give users quick access to their payment, loyalty and memberships cards and more. It also integrates with Samsung Blockchain Wallet to enable users to monitor their digital asset portfolio by checking the value of cryptocurrencies. The company notes that Samsung Wallet also includes Samsung Pass functionality that securely stores passwords and verifies users’ identities with their biometric data to log into apps and services.

The mobile wallet can also be used to store important documentation, such as your proof of COVID-19 vaccination. Later this year, Samsung Wallet will start to support official IDs, such as mobile driver licenses and student IDs from select institutions.

Samsung Wallet
Image Credits: Samsung

Samsung Wallet also integrates with SmartThings to support digital automobile keys on select BMW, Genesis and Hyundai models. The integration will allow users to lock and unlock their cars, start engines and more, directly from the mobile wallet. The functionality is available for several models, including the BMW 1-8 Series, X5, X5 M, X6, X6 M, X7, Z4, iX3, iX and i4 models manufactured after July 2020. The functionality is also available for Genesis GV60 models launched after September 2021, G90 models launched after December 2021 and Hyundai Palisade models launched after May 2022.

In addition, users can store their boarding passes in their Samsung Wallet, starting with select Korean Air flights, Samsung notes. It’s unclear when users will be able to add boarding passes from other airlines.

The company notes that Samsung Wallet is protected by Samsung Knox. Safeguards include fingerprint recognition and encryption to protect users’ sensitive data. Samsung also notes that certain sensitive key items in Samsung Wallet are stored in an isolated environment called the embedded “Secure Element” to help protect against digital and physical hacking.

“Samsung Wallet is bringing a new level of everyday convenience to mobile devices with a totally safe and secure environment for storing digital keys, cards and more,” said Jeanie Han, the executive vice president and head of digital life at Samsung Electronics, in a statement. “As part of our ongoing commitment to open ecosystems, we will continue to expand on the capabilities of Samsung Wallet by working closely with our trusted partners and developers.”

The Samsung Wallet is quite similar to the Apple Wallet, which also allows users to store payment information and personal data, including vaccination records. It’s worth noting that Apple Wallet app has already started enabling users to store their mobile driver licenses and state IDs, with users in Arizona and Maryland being the first to get access to the feature. However, Apple Wallet does not currently allow users to store cryptocurrency information.

The Samsung Wallet will also compete with the recently announced Google Wallet, which is a new Android and Wear OS app that will allow users to store things like credit cards, loyalty cards, digital IDs, transit passes, concert tickets, vaccination cards and more.

More TechCrunch

Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers…

Fisker cuts hundreds of workers in bid to keep EV startup alive

Chinese EV manufacturers face a new challenge in their pursuit of U.S. customers: a new House bill that would limit or ban the introduction of their connected vehicles. The bill,…

Chinese EV makers, and their connected vehicles, targeted by new House bill

With the release of iOS 18 later this year, Apple may again borrow ideas third-party apps. This time it’s Arc that could be among those affected.

Is Apple planning to ‘sherlock’ Arc?

TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited! This is the startup world’s main event, and it’s where you’ll find the knowledge, tools…

Meet Visa, Mercury, Artisan, Golub Capital and more at TC Disrupt 2024

Featured Article

The women in AI making a difference

As a part of a multi-part series, TechCrunch is highlighting women innovators — from academics to policymakers —in the field of AI.

4 hours ago
The women in AI making a difference

Cadillac may seem a bit too traditional to hang its driving cap on EVs. And yet, that hasn’t stopped the GM brand from rolling out — or at least showing…

The Cadillac Optiq EV starts at $54,000 and is designed to hook young hipsters

Ifeel is being offered as part of an employer’s or insurance provider’s healthcare coverage.

Mental health insurance platform ifeel raises a $20 million Series B

Instead of opening the user’s actual browser or a WebView, Custom Tabs let users remain in their app while browsing.

Google Chrome becomes a ‘picture-in-picture’ app

Sanil Chawla remembers the meetings he had with countless artists in college. Those creatives were looking for one thing: sustainable economic infrastructure that could help them scale rather than drown…

Slingshot raises $2.2 million to provide financial services to artists

A startup called Firefly that’s tackling the thorny and growing issue of cloud asset management with an “infrastructure as code” solution has raised $23 million in funding. That comes on…

Firefly forges on after co-founder murdered by Hamas

Mistral, the French AI startup backed by Microsoft and valued at $6 billion, has released its first generative AI model for coding, dubbed Codestral. Like other code-generating models, Codestral is…

Mistral releases Codestral, its first generative AI model for code

Pinterest announced today that it is evolving its Creator Inclusion Fund to now be called the Pinterest Inclusion Fund. Pinterest teamed up with Shopify’s Build Black and Build Native programs…

Pinterest expands its Creator Fund to allow founders

Alex Taub, a longtime founder with multiple exits under his belt, believes it’s time to disrupt the meme industry. “I have this big thesis that meme tech is going to…

This founder says meme tech is the next big thing

Lux, the startup behind popular pro photography app Halide and others, is venturing into video with its latest app launch. On Wednesday, the company announced Kino, a new video capture app…

Kino is a new iPhone app for videographers from the makers of Halide

DevOps startup Harness has shown itself to be an ambitious company, building a broad platform of services while also dabbling in M&A when it made sense to fill in functionality.…

Harness snags Split.io as it goes all in on feature flags and experiments

Microsoft’s Copilot, a generative AI-powered tool that can generate text as well as answer specific questions, is now available as an in-app chatbot on Telegram, the instant messaging app.  Currently…

Microsoft’s Copilot is now on Telegram

HBO’s new documentary, “MoviePass, MovieCrash,” tells a story that many of us know about: how MoviePass, the subscription-based movie ticketing startup, was a catastrophic failure. After a series of mishaps…

MoviePass co-founders speak their truth in HBO’s new documentary 

The watch features a variety of different 3D games, unlocking more play time the more kids move.

Fitbit’s new kid smartwatch is a little Wiimote, a little Tamagotchi

In the video, a crowd is roaring at a packed summer music festival. As a beat starts playing over the speakers, the performer finally walks onstage: It’s the Joker. Clad…

Discord has become an unlikely center for the generative AI boom

After the Wirecard scandal, Germany’s financial regulator BaFin started to look more closely at young fintech startups that wanted to grow at a rapid pace — it’s better to be…

Germany’s financial regulator ends anti-money laundering cap on N26 signups after $10M fine

Among other things, this includes the ability to trace code from source to binary packages across both platforms, single sign-on support and unified project structures.

JFrog and GitHub team up to closely integrate their source code and binary platforms

The company’s public fund disbursement and e-commerce platform makes accepting school tuition and enabling educational enrichment more accessible. 

Tech startup Odyssey goes on journey to help states implement school choice programs

A new startup called Kinnect aims to help people privately save generational memories, traditions, recipes and more. The company’s app, launched this month, lets people create invite-only spaces where they…

Kinnect’s new app aims to help families record and store generational memories

Spotify has hiked its premium subscription in France by an eye-watering €0.13, in response to a new music-streaming tax.

Spotify hikes subscription price in France by 1.2% to match new music-streaming tax

The European Union has taken the wraps off the structure of the new AI Office, the ecosystem-building and oversight body that’s being established under the bloc’s AI Act. The risk-based…

With the EU AI Act incoming this summer, the bloc lays out its plan for AI governance

Solutions by Text, a company that gives people a way to pay their bills and apply for loans via text messaging, has secured $110 million in new growth funding. Edison…

Bootstrapped for over a decade, this Dallas company just secured $110M to help people pay bills by text

Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s entrepreneur Yoseph West’s assertion that there’s typically information and functions missing from bank…

Relay raises $32.2 million to help smaller businesses manage their cash flow

When other firms were investing and raising eye-popping sums, Clean Energy Ventures took a different approach. It appears to be paying off.

How Clean Energy Ventures avoided the pandemic bubble and raised a $305M fund

PwC, the management consulting giant, will become OpenAI’s biggest customer to date, covering 100,000 users.

OpenAI signs 100K PwC workers to ChatGPT’s enterprise tier as PwC becomes its first resale partner

Tech enthusiasts and entrepreneurs, the clock is ticking! With just 72 hours remaining until the early-bird ticket deadline for TechCrunch Disrupt 2024, now is the time to secure your spot…

72 hours left of the Disrupt early-bird sale