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Little by little, mobile payment is becoming the norm in our country, and it seems that Samsung is in a good position thanks to the popularity of its mobile phones. Now we know that Samsung Pay will accept the purchase card of El Corte Inglés when the system is launched in our country, something that will not take long and that will be possible thanks to the agreement between Caixabank and Samsung.
Private purchase cards may seem somewhat outdated, but El Corte Inglés has been in Spain for 75 years, and in this time it has achieved a whopping 11 million cardholders. Therefore, it is an important support for Samsung Pay, which must compete with alternatives such as ING mobile payments or Vodafone Wallet.
For El Corte Inglés buyers, the process is as simple as adding their purchase card to their virtual wallet, and then holding the mobile phone close to the payment terminal of the store Your fingerprint will confirm the transaction securely. Of course, it is a very simple procedure, and more comfortable than the usual bank cards.
Do not forget that El Corte Inglés is a company that targets a sector of the population with high purchasing power and a higher average age than other competitors. So for Samsung Pay this deal gives them access to valuable consumers that they would otherwise find harder to reach.
Samsung Pay will arrive in Spain in 2016
We already know that this year we will receive Samsung Pay, and El Corte Inglés is working to join the platform in 2016, although no dates have been specified. El Corte Inglés suffered a compromising leak last year, but it has recovered without problems, and continues to work to bring technological improvements to its customers. It will be a pioneer in this area, because it is the first private card that will reach Samsung Pay.
Of course, the fact that Samsung Pay accepts the El Corte Inglés payment card is an important advantage Now we have to know which other issuers of cards and banks collaborate in Spain, although we assume that the main entities will want to be part of this new mobile payment system.
What do you think of this topic? Would you add your El Corte Inglés card to Samsung Pay, or would you prefer to use it in physical format?