PayPal Integrates its Mobile Payments with Samsung Pay Wallet

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Samsung has announced that its mobile payments services, Samsung Pay, now supports PayPal payments in-store, on the web, and in-app - basically anywhere that Samsung Pay is accepted.

PayPal specifically said that the support is "coming soon", so you may not see the option just yet. With this deal, Samsung is providing its Samsung Pay users more freedom whereas this partnership will make PayPal stronger to compete with its rivals such as Apple Pay.

The government has also introduced a number of schemes to promote adoption of e-payment methods like mobile wallets, debit/credit cards and Unified Payment Interface (UPI). By making it completely seamless to accept digital wallets like Samsung Pay, we're continuing to break down the barriers to checkout for our merchants. The following year, PayPal was added as a payment method within Samsung Smart TVs.

Samsung Pay is not only equipped with standard NFC (Near Field Communication) but also supports MST (Magnetic Secure Transaction) for offline payments at card terminals. Through Braintree Direct, merchants will be able to accept Samsung Pay as a method of payment in-app and online. It does not, however, support tap-and-pay using credit and debit cards like the main app.

With millions of PayPal users out there with limited ways of using their funds in stores, this collaboration is hugely beneficial. We recently saw some of these results when Google announced they were partnering with PayPal to let Android Pay users choice PayPal as a payment option.

Simple: To make a payment with Samsung Pay, simply swipe up from the home button, scan a fingerprint or verify with iris scanning1 (which can be different from the authentication registered to unlock the device), and tap the back of the phone on a POS machine. THis new addition will add one more jewel to the Samsung Pay's crown.