Samsung enters US credit card market with Galaxy card to challenge Apple
Seoul, July 22 -- Samsung takes on Apple with its first Galaxy credit card as the South Korean technology major launched its debut consumer credit product in the United States, expanding its market competition with its primary smartphone rival into financial services, according to a news report by The Korea Herald. Issued by Barclays on the Visa payment network, the Galaxy-branded credit card entered a consumer finance sector that Apple initially joined in 2019.
Samsung Electronics America unveiled the Samsung Galaxy Card on Tuesday, stating that applications for the general public would open online starting Wednesday. The company noted that eligible early-access customers received immediate authorization to submit their applications.
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