# Mobile-Integrated Debit Cards Samsung Pay Will Be Expanded with a Debit Card in the Summer By Daniel Johnson | Published 2020-05-08 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/samsung-pay1 References: [engadget](https://www.engadget.com/samsung-pay-debit-card-213514025.html) & [samsung](https://www.samsung.com/) [Samsung](https://www.trendhunter.com/trends/samsung-wallet) is moving to expand its Samsung Pay program by releasing a new [virtual prepaid card](https://www.trendhunter.com/trends/lfg-debit-card). The new debit card is scheduled to be released during the summer, and it will be created in collaboration with a financial company named SoFi. SoFi is a financial startup company, based out of America, that specializes in personal finances. Expanding Samsung Pay will give the company a bigger presence in the [mobile payment industry](https://www.trendhunter.com/trends/smooth-commerce), which could provide a consistent source of revenue for the organization. Adding another consistent revenue source can also help the company offset any losses related to the outbreak of COVID-19. Additionally, many other major tech companies have expanded in this area, and have also released baking solutions. Image Credit: Shutterstock ## Trend Insights (Trend Hunter) - Score: 1.5/10 - Popularity: 13% | Activity: 24% | Freshness: 9% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, South America, Europe, Asia, Africa ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Mobile](https://www.trendhunter.com/mobile) ## Key Themes ### Key Themes Behind This Trend - **Mobile Payment Debit Cards:** The integration of payment services with debit card offerings can disrupt traditional banking services and offer new ways for consumers to make purchases. - **Virtual Prepaid Cards:** Virtual prepaid cards can provide an additional layer of security and convenience for consumers using mobile payment services that can be leveraged to build customer loyalty. - **Collaborations with Financial Startups:** Collaborations with financial startups can provide an opportunity for established tech companies to innovate and differentiate their services while providing startups with more exposure and resources. ### Where This Applies - **Mobile Payment:** Mobile payment companies that integrate debit cards into their services can differentiate themselves in an increasingly crowded market while improving user experience. - **Banking:** Traditionally, banking has been the domain of well-established, brick and mortar institutions, but the rise of mobile payment debit cards presents an opportunity for disruption and innovation within the industry. - **Finance Technology Startups:** Collaborations with established tech companies can help finance technology startups gain exposure and resources they need to expand their services and continue to innovate. ## Related on Trend Hunter - [All-in-One Digital Wallets](https://www.trendhunter.com/trends/samsung-wallet.md) - [Flexible Mobile Bank Payments](https://www.trendhunter.com/trends/wallet-express.md) - [Fingerprint-Scanning Payment Cards](https://www.trendhunter.com/trends/biometric-payment-cards.md) - [Digital Wallet Car Keys](https://www.trendhunter.com/trends/samsung-wallet-and-mercedesbenz.md) - [Digital Commercial Payment Apps](https://www.trendhunter.com/trends/mastercard-3.md) - [Rewards-Based Debit Cards](https://www.trendhunter.com/trends/seltz-1.md) - [Contactless Mobile Payments](https://www.trendhunter.com/trends/intesa-sanpaolo.md) - [Digital Cash Payment Systems](https://www.trendhunter.com/trends/apple-cash.md) - [Affordable BNPL Programs](https://www.trendhunter.com/trends/apple-pay-later.md)