Samsung Wallet is now supported on Coinbase, allowing users to fund accounts and purchase cryptocurrency directly through Samsung Pay. The integration will roll out to select Coinbase users over the next month, with full availability expected soon across the U.S. and Canada.
Samsung Wallet combines Samsung Pass and Samsung Pay into one application for mobile transactions, peer-to-peer payments, installment plans, crypto access, and storage of IDs, memberships, and digital keys.
“As we continue to expand the scope of services of Samsung Wallet, we’re staying true to our core belief that open collaboration with industry leaders will provide the best experiences for our users,” said Drew Blackard, Senior Vice President of Mobile Product Management at Samsung Electronics America. “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.”
Coinbase, the largest cryptocurrency exchange in the U.S., has been adding integrations to simplify onboarding and improve access to compliant crypto services worldwide. The addition of Samsung Wallet gives users another secure method to deposit funds and trade assets without leaving the app.
Samsung Wallet is secured by tokenization, biometric authentication, and Samsung Knox, the company’s defense-grade security platform. Sensitive information is stored in the embedded secure element, an isolated on-device environment designed to protect against hacking attempts.
The rollout is expected to broaden the reach of both companies. Samsung gains deeper integration into the financial services ecosystem, while Coinbase benefits from the convenience of being embedded into one of the world’s most widely used mobile wallet platforms.