Samsung Pay has added a cash back option where customers can earn 5 percent cash back when paying with the wallet; this is the second new feature recently added as they also added a rewards program; both features are ways for the Samsung to get their product wider adoption, currently about 25 percent of eligible users have adopted Samsung Pay. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.