Samsung Pay in India

South Korea’s #Samsung has launched its mobile payment service #Samsung Pay in India, enabling payments using debit cards, credit cards, mobile wallet like #Paytm and unified payments interface (UPI) through a single app.

Apart from allowing users to simply tap and ‘pay on the go’ using their registered cards, Samsung Pay has integrated digital wallet Paytm as well as the government’s Unified Payments Interface (UPI) payment system into its app.

“Samsung Pay is an example of how we continue to push the boundaries of innovations to make life simpler and better for consumers. I am confident Samsung Pay will redefine digital payments and contribute to Digital India,” H.C. Hong, President and CEO, Samsung Southwest Asia, told reporters in New Delhi on 22 March 2017.

Samsung Pay partners include Axis Bank, HDFC Bank, ICICI Bank, SBI Cards, Standard Chartered Bank and Citibank as well as Visa, MasterCard and American Express. fii-news.com