Mobikwik ties up with Samsung Pay

Mobikwik ties up with Samsung Pay

Mobikwik ties up with Samsung Pay

Starting today in the U.S. and coming to other markets soon, PayPal users will be able to add their account and use funds just like any other bank to make purchases wherever Samsung Pay is accepted.

Samsung is continuing to build partnerships to drive even more payments through Samsung Pay, adding PayPal support.

To use PayPal in Samsung Pay, all you have to do is sign in using your PayPal credentials in the Samsung Pay app.

For now, PayPal will only work with Samsung Pay in the USA, but should expand to other countries in the near future.

Samsung has forged a strategic partnership with players in 18 markets including the USA and Brazil over its mobile payment platform.

Samsung Pay is now fully available in 19 markets, having launched in its native South Korea back in August 2015 before landing in the U.S., China, Spain, and a number of markets across Europe, Asia, and Latin America. The following year, PayPal was added as a payment method within Samsung Smart TVs.

PayPal said in a statement: "In addition to enabling consumers to pay with PayPal inside of their Samsung Pay wallets, we're also able to allow merchants to accept Samsung Pay".

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It allows users to just tap and pay using the debit/credit cards and wallets stored on their mobile devices.

"Samsung Pay will be available via Braintree Direct, allowing merchants to accept Samsung Pay as a payment method".

There are millions of PayPal users, and earlier they were stuck with limited ways to use their funds on the service.

PayPal has similar partnerships with Visa and MasterCard, as well as deals with Citi, FIS, and Facebook, among others.

PayPal is the largest global payment platform that operates at scale on both the consumer and merchant side of the network.

The move is quite a boon for Samsung, whose payment service already works with Near Field Communication (NFC), as well as with Samsung's patented Magnetic Secure Transmission (MST) technology.

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