With the increasing technological world, it is possible to perform various tasks without leaving the house. For Samsung Galaxy customers, Nubank provides an option to make payments using the cell phone’s camera to read QR codes, and thus, direct to the fintech app. Next, look at how to make transactions with your cell phone.
Close partnership between Samsung and Nubank and it will make customers more satisfied.
The main purpose of this development is to make the lives of users easier and more comfortable. It is important to stress that this integration will not compromise the banking security of Nubank customers, rather it makes payments via PIX faster.
The process is still protected by layers of security intended to prevent scams, scams, and suspicious transactions.
The partnership between the startup and Samsung will allow customers to make NFC (Near Contact) payments using their mobile phones or smartwatches through Samsung Pay. This functionality is already available for both individuals and companies.
The largest financial services platform in Brazil
According to comScore, Samsung Pay and Nubank are the two largest financial services platforms in Brazil. The survey also indicated that Brazilians spend about 3.4 billion minutes per month on the South Korean payment app, while they spend 2.1 billion minutes on the fintech app.
In addition to these two platforms, are there other platforms in the ranking?
In third place, we have Itaú with nearly 1.8 billion monthly minutes. Soon after, came Caixa with 1.6 billion, Santander with 1.1 billion, and finally, Banco do Brasil with 994 million.
However, the list does not end here. Bradesco comes next with 938 million, followed by Serasa with 783 million, PicPay with 638 million, and finally Mercado Pago with 656 million.
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.