US Stock Movement: Barclays shares rise over 1% pre-market after partnering with Samsung to launch new US credit card

Golden Finance, July 21 — A certain exchange rose 1.73% in pre-market trading to $27.71. According to reports, this exchange is partnering with Samsung Electronics to launch a new U.S. credit card, aiming to expand its U.S. consumer finance business and further enrich its cooperative ecosystem. The statement indicates that this move marks Samsung's first credit card project in the United States. The card is designed to provide new financing options for consumers purchasing Samsung devices and offers cashback rewards. The newly launched exchange Samsung Galaxy Card comes with no annual fee and offers a 5% cashback on Samsung product purchases (online or offline) within the U.S., in addition to various other benefits such as 2% cashback on streaming services.