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Samsung Pay To Add PayPal Wallet As a Payment Method Soon
18 July 2017, 12:31 | Dawn Berry
Samsung Pay now supports PayPal in-store, in-app, and on the web
PayPal and Samsung Pay have inked a partnership making PayPal more available at millions of retailers or wherever Samsung Pay is accepted -in-store, online, and in-app.
Samsung just announced a new partnership with PayPal, bringing support for the online financial giant to its popular mobile payment service.
Users who connect their PayPal account to Samsung Pay will still continue to benefit from Samsung Pay's value-added services, including gift cards, membership cards and loyalty cards. Currently, Samsung Pay is available for users of devices like Samsung S8, Samsung S7 Edge, S7, J7 Max and J7 Pro among others. In 2014, we worked with Samsung to enable mobile payments with just a fingerprint.
The partnership method is also key to Samsung's strategy with Samsung Pay.
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".
How often do you use Samsung Pay? Already, there are many banks and payment gateways that supports Samsung Pay. Samsung phones have MST (Magnetic Secure Transmission) hardware under the hood, which makes Samsung Pay usable at outlets where debit or credit cards are accepted.
PayPal and Samsung have had a strong partnership for several years now.
"At PayPal, we are focused on creating the best mobile commerce experiences for our customers and partnering with technology leaders like Samsung to create experiences that our millions of joint customers love and can utilize no matter where they shop". In other words, users can access their PayPal wallet right inside Samsung's app and spend the balance in places where they couldn't before.
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