E& money launches Samsung Wallet to enable contactless payments in UAE

By Delisha Fernandes

e& money, a FinTech arm and financial super-app of e& life, has launched  Samsung Wallet, a digital wallet solution that allows mobile payment services and more, to complete secure contactless payments at several online and in-store outlets worldwide.

The partnership seeks to create a seamless and secure digital payment ecosystem and accelerate a convenient and comfortable lifestyle for UAE residents by integrating mobile payment solutions with the e& money card.

Samsung Wallet is a quick, easy, and secure way for users to complete payments. It will be equipped with additional features soon, including the ability to store sensitive documents such as IDs, electronic keys, and boarding passes with just one swipe.

Khalifa Al Shamsi, CEO, e& life, said, “We are thrilled to introduce the Samsung Wallet to our customers, empowering them with a range of convenient and secure payment solutions through seamless integration with our platform. Our goal is to elevate the purchasing experience for our valued users by offering them cutting-edge features while ensuring their financial transactions are secure, efficient, and hassle-free.”

The Samsung Wallet platform is protected by strong hardware and Samsung’s Knox-based security technology to safely store sensitive information in the device, including fingerprint recognition and encryption to make sure users’ important data are protected. It also replaces sensitive data with unique identification symbols, which offers an extra layer of protection against potential digital and physical hacking attempts.

Fadi Abu Shamat, Head of Mobile eXperience Division at Samsung Gulf Electronics, said, “Our partnership with e& money is a critical step for the brand as we continue expanding our outreach to consumers in the region so they may avail of next-generation payment solutions. We are currently working to maximise convenience by adding even more features to Samsung Wallet for our customers to benefit from seamless journeys, both in and out of the digital sphere. We look forward to this next step with e& money.”