Samsung Pay now supports PayPal in the US

17 Juillet, 2017, 18:36 | Author: Come Portier
  • Mobikwik partners with Samsung Pay

Samsung Electronics said Monday it signed a partnership agreement with the USA payment service provider PayPal to collaborate for the mobile payment service Samsung Pay.

As part of the tie-up, MobiKwik wallet is now integrated with Samsung Pay Mini to enable one-tap payments at more than 1.4 million MobiKwik-powered merchants across the country, the digital payments firm said in a statement.

To use the service either for online or offline payments, users must first register their PayPal accounts on Samsung Pay. Through Braintree Direct, merchants will be able to accept Samsung Pay as a method of payment in-app and online.

There's a fundamental difference between this integration and the act of getting a PayPal debit card and configuring it with Samsung Pay.

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The news comes three months after Google's Android Pay service added support for PayPal, while last week Apple revealed that you could now pay for digital goods through Apple's own stores using PayPal - but it stopped short of supporting PayPal payments through Apple Pay itself.

According to a Boston Retail Partners survey on mobile payments released earlier this year, Apple Pay now has the largest percentage of supporting us merchants, with 36 percent accepting the technology, up from 16 percent the year before. At PayPal, we've seen - and helped enable - a major shift to mobile.

Samsung Pay, the mobile payments service of the world's largest handset maker, was launched in India in March this year.

To increase its adoption in-store, PayPal previous year partnered with major stakeholders like Visa and MasterCard for store payments. The following year, PayPal was added as a payment method within Samsung Smart TVs.

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