Samsung Pay’s early access has now been made available in India, that too with the support for Paytm and more. Here’s how it works and what you need to use the mobile payment system is detailed.
First of all, Samsung teased the launch of its mobile payment service in India back in January. Just few days later, the company behind Samsung Pay, allowed users to sign up for early access, and those who have already done so, can now officially use the service starting today, meaning that Samsung Pay is finally went live in India.
In order to use the service, you’ll definitely need one of the devices that indeed support Samsung Pay, such as Galaxy S7 Edge, Galaxy S7, Galaxy S6 Edge+, Galaxy Note 5, Galaxy A7 (2016), and the Galaxy A5 (2016). Technically, you will also require to have a credit card or a debit card issued by one of the banks that supports the Samsung’s Pay service. These banks includes Axis Bank, HDFC Bank, ICICI Bank, SBI Cards, and Standard Chartered Bank.
Additionally, you can also add your own Paytm wallet accounts in the Samsung Pay app. For those of you doesn’t know what is Samsung Pay? This is an online payment service for mobile phones allows you to pay for goods and services at supported retailers across the country with your smartphone. Unlike other rivals, Samsung Pay uses both NFC as well as Magnetic Secure Transmission (MST), meaning that you can use the payment service in most of the shops, Big Bazaar, as MST is compatible with the vast number of card readers available currently in the market.
Even though with the indisputable leaders in this field are Android Pay and Apple Pay, which couldn’t stop competitors like Samsung Pay from trying to position their own apps at the top, as the South Korean firm has expanded its mobile payment service into new territory, India. Also Read: You Can Now Use Android Pay To Remit For In-App Purchases Right Away
Only catch is that, the Samsung Pay currently rolling out to only people who have previously signed up the service’s early access program. While it isn’t known when Samsung Pay will launch for all users in India, but still supports a larger amount of banks, aforementioned, with Citibank coming in the near future. Paytm accounts are also supported right out of the bag, which is undoubtedly a welcome convenience. Also Read: Apple Pay Competitor Walmart Announces ‘Walmart Pay’ For iOS And Android – Download Now
The Samsung’s payment service, which is currently available in several other countries, allows for easy mobile payments at almost any POS terminal, including older, magnetic stripe-based ones. Supported phones are Samsung-made only, and the current roster in India, already mentioned above. We expect to see the service preinstalled on future Galaxy smartphones, including the upcoming Galaxy S8.
Individuals who already have signed up for early access for Samsung Pay can now on wards start using the service. If you’re not registered yet, then simply visit Samsung’s website to do so by clicking the button below.
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