Samsung Pay, the Korean electronic giant’s mobile payment service, which facilitates a secure way to pay wirelessly through your smartphone has now integrated PayPal as a payment method which allows users to pay in-app, online and in-store.
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The partnership between Samsung Electronics and PayPal Holdings will allow users to make payments from the funds that they accumulate in the online payments system.
The integration of PayPal into Samsung Pay is currently only available to those residing in the United States and a global roll out is scheduled for later.
Alongside announcing their partnership with PayPal, the company has also made it easier for merchants to accept Samsung Pay through Braintree Direct — a PayPal-owned service.
“We are excited to be partnering with PayPal, one of the largest payment platforms in the world, to offer our global consumers a richer mobile wallet experience. This partnership furthers our commitment to providing customers with a more convenient payment experience that is simple, secure and available almost anywhere,” said Injong Rhee, CTO, Samsung Electronics.
Samsung Pay users in the USA will now be able to access and use their PayPal mobile wallet to make payments across all stores that accept Samsung’s payment service.
“By adding PayPal to Samsung Pay, we will combine Samsung’s ubiquitous payment solution with PayPal’s seamless and secure mobile wallet — delivering easy access to a simple, secure payment experience,” said Bill Ready, CEO, PayPal.
Samsung Pay’s availability via Braintree Direct allows merchants to accept the payment method just by integrating it via a few lines of code — enabling faster and secure checkouts with its NFC and proprietary MST technology.
Recently, Samsung Pay had also integrated Mobikwik — India-based mobile wallet company — with their online payment service.