Samsung Makes its First Foray into Financial Services with Barclays-Branded US Credit Card
On Monday, South Korean electronics maker Samsung launched its first credit card in the U.S. in collaboration with Barclays. This highlighted the tech giant’s deepening involvement in financial services, and the company revealed that it had plans to expand its footprint in the financial industry. Dubbed the Samsung Galaxy Credit Card, the firm’s first U.S. card is issued by Barclays Bank, and it bears the branding of the two companies. It runs on the Visa system and allows users to apply for the card, manage their accounts, track their spending and redeem their rewards exclusively using the Samsung Wallet. This…