Samsung Wallet Integrates Green Dot’s Arc Platform, bringing a fresh wave of innovation to mobile banking experiences in the U.S. This strategic partnership allows Samsung Wallet users to access Arc’s embedded finance tools, including peer-to-peer payments powered by Tap to Transfer, all from within the familiar digital wallet interface.
Chris Ruppel, Interim President at Green Dot, shared his excitement about the collaboration, saying it aligns with the company’s mission to offer accessible, modern financial services. He emphasized that Samsung’s forward-thinking approach fits naturally with Arc’s capabilities, creating a seamless way to expand mobile wallet functionality.
The Arc platform is the backbone of Green Dot’s embedded finance offerings. It includes everything from banking services and FDIC-insured accounts to money movement tools already used by thousands of businesses. Crystal Bryant-Minter, SVP of Money Movement at Green Dot, highlighted that this move shows how Arc can bring real-world financial benefits to consumers right from their phones.
As Samsung Wallet Integrates Green Dot’s Arc Platform, it embraces the broader trend of embedded finance—merging traditional banking tools directly into non-financial apps. This approach turns smartphones into dynamic financial hubs, making transactions smoother, faster, and more accessible for everyday users.
With more people turning to digital wallets for both local and international transactions, Samsung’s partnership with Green Dot comes at the perfect time. The integration makes the Samsung Wallet more versatile and future-ready, particularly for users who want both convenience and control over their money.
News Source: PYMNTS
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