February 24, 2018

Samsung Pay partners with PayPal

17 July 2017, 07:42 | Marlene Myers

Samsung Pay partners with PayPal

Samsung Pay partners with PayPal

Samsung Electronics Co. said Monday it has clinched a strategic partnership with US online payment service provider PayPal for an expansion of its mobile payment services.

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

Initially, access to PayPal payments will be limited to Samsung Pay users in the USA, but it will be extended to other markets shortly.

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.

PayPal has made a series of deals over the past year aimed at giving its mobile wallet more exposure for direct checkout. Effectively, Pay users can now use their PayPal balance to make purchases anywhere - in-app, online and in eligible stores.

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PayPal and Samsung have had a strong partnership for several years now.

This strategic partnership between Samsung and PayPal will mutually benefit both organisations' customers.

Neither PayPal nor Samsung has indicated exactly when support will be added, with "coming soon" being the only hint at a timescale.

We will continue forging new collaborations with leaders across the tech and financial worlds to expand the reach of our products, explore new contexts, increase conversions for our merchants, create better mobile experiences and give our consumers the flexibility, security and speed that digital payments can offer.

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