Samsung has joined forces with Visa and Solarisbank to enable Germans to link an account with almost any bank to its contactless mobile payments service.
In a European first, people who register for Samsung Pay will receive a virtual Visa debit card which they can link to “almost any” German bank account.
Solarisbank is providing the technology to connect Samsung Pay to bank accounts, using what it calls a “novel and convenient” KYC process which does not require a video identification or a branch visit.
Users will also get access to Solarisbank’s Splitpay product, enabling them to pay for purchases over EUR100 in installments over a period of up to 24 months.
