The State Bank of India (SBI) and Samsung India on Tuesday announced the availability of payment platform Samsung Pay for higher variants of SBI debit Card. This will allow SBI debit card holders to make payments using Samsung smartphones at Point of Sale (PoS) card machines at merchant outlets.
Paytm is set to annex your smartphone a little bit more. The mobile wallet app is reportedly looking at ways to rival WhatsApp by injecting messaging capabilities to its platform in order to aid in applications beyond shopping and payments. This will give the payments app a new dimension and possibly shrink WhatsApp's strong user base in the country.
Samsung has announced that its contactless payment service, Samsung Pay, will now be available for SBI debit card users. The service allows users to make payments at PoS without the need of physical cards. In addition to extending support to SBI customers, Samsung is also offering a few offers to advance the adoption of its service.
In a bid to tap India s transition to digital payment solutions, Samsung earlier this year launched its Samsung Pay service in the country. What sets Samsung s service apart from rest of the digital payment solutions is that it lets you make payments at traditional PoS machines without needing to physically swipe the card. Since a lot of PoS machines in India aren t NFC enabled, Samsung Pay resolved a big issue. But the challenge with Samsung Pay and its stripped down version Samsung Pay Mini has been that it is restricted to Samsung phones only. Samsung now is looking to further tap the digital payment market by making its Samsung Pay available to non-Samsung smartphones, according to a report.
Online payments major PayPal has inked a deal with Samsung Pay to expand its presence in offline stores. For now, this feature is available only to users in the US, said PayPal in a statement. The PayPal payment option will appear within the Samsung Pay app and will be supported by Samsung's Galaxy S8 and S8+ devices. Incidentally, Samsung Pay had been touted as PayPal rival when it launched in 2015.
Digital payments company MobiKwik has partnered Samsung Pay, under which consumers will be able to make payments with a single tap using select Samsung handsets. 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.
Following the footsteps of Samsung, LG also wants to extend its payments solution to more devices. The mobile business head of LG Electronics reportedly announced that the company is planning to release its LG Pay mobile payment feature to more smartphones, including the low-end versions.
Digital payment modes have existed in India for quite a few years. But it was the radical decision of the demonetization of old Rs 500 and 1000 currency notes that truly ushered in the era of digital India. Now that necessary liquidity is back into the Indian system, digital payments may have slowed. But the key takeaway has been that Indians have been pretty quick to adapt to digital transactions wallets like Paytm, Mobikwik and UPI-based banking apps, financial exchanges have become much easier.
Samsung says Galaxy J is its most popular series among buyers in India. In fact, it claims that one in every four Samsung smartphone sold in the country is a part of the Galaxy J series. Earlier today, the company added two new devices to the series -- Galaxy J7 Pro and Galaxy J7 Max. Priced at Rs 20,900 and Rs 17,900 respectively, the smartphones will be going on sale later this month. At the launch event today, I spent sometime with both the smartphones, and here are my first impressions.
Earlier today, Samsung hosted an event in New Delhi, where it launched two new smartphones under its J-Series ineup. The Galaxy J7 Pro is priced at Rs 20,900, whereas the Galaxy J7 Max is priced at Rs 17,900. One of the key highlights of the smartphone is the integration of the Samsung Pay Mini payment solution.
As expected, Samsung has launched two new smartphones in India today. The smartphones in question are the Galaxy J7 Pro and the Galaxy J7 Max. These devices are priced at Rs 20,900 and Rs 17,900 respectively. Among the talking points of these devices is Samsung s new payment feature, called Pay Mini . Galaxy J7 Pro and Galaxy J7 Max buyers with Reliance Jio connection will get up to 120GB extra 4G data. Samsung is also offering up to Rs 800 cashback on payments made using Pay Mini on the new smartphones.
Earlier this year, Samsung recently introduced its contactless payment solution Samsung Pay in India in a move to 'cash in' on demonetization. Samsung's payment solution lets you make contactless payments at PoS (point of sale) terminals (card swiping machine). It also does away the need of physically swiping your credit or debit card.
Last month, Samsung introduced its contactless payment solution in India called Samsung Pay. During the launch, Samsung mentioned that the payment solution supports all major banks in India and includes support for the popularly used digital wallet, Paytm. Now, the company has started rolling out an update that brings support for India's Unified Payments Interface (UPI) payment service.
The past week has been quite entertaining with the Reliance Jio and Airtel wrangle over the Ookla ad, the debut of Samsung Pay in India, Chinese manufacturer Xiaomi finally bringing its affordable Redmi 4A to India, and much more. Therefore, to catch you up on the top stories of this week, BGR India brings you a quick news wrap of the five most talked-about topics in the tech world.
Demonetization will be remembered as one of the most important economic milestones for India, perhaps equivalent to the nationalization of banks in 1969 and liberalization of the Indian economy in 1991. Just like the liberalization, demonetization has helped open new windows of opportunity for the companies along with a big impact on the day-to-day life of the people. Even as Indians are transitioning towards a cashless economy, companies that deal with digital payments like Paytm are reaping the benefits. With the advent of BHIM and a slew of UPI apps, the digital payment and its adoption are growing at a fast pace. Latest to tap on this growing trend is Samsung, which believes can make a difference with its new contactless payment solution, Samsung Pay.
Weeks after starting an Early Access program, Samsung today officially announced the launch of Samsung Pay service in India. The service is available through Samsung s standalone Android app, Samsung Pay. The service has been rolled out in India in partnership with several banks and payment service providers like Visa and Mastercard. It also supports wallet apps like Paytm and the government backed UPI apps. If you haven t been up to date with Samsung s new payment service, here s a complete guide on the Samsung Pay app.
Samsung has officially announced the rollout of its Samsung Pay contactless payment solution. Samsung earlier this month had launched a Register for Early Access program allowing users to be among the first ones to get started with Samsung Pay. The company has tied up with MasterCard, Visa, and American Express for the service. Samsung Pay also supports mobile wallets like Paytm, and UPI apps. It will be available across compatible devices starting today.
Samsung Pay is set to launch in India soon and now Samsung is allowing users to sign up for an early access. The contactless payments service has been in existence since 2015 and is expected to make its debut in the country in the first half of 2017.
Soon after Samsung s digital payments app rolled out to select Samsung smartphones in India, the app has reportedly started showing tutorials to users, suggesting that it is not far from an official roll out. Samsung Pay is the NFC-based payments solution which, debuted in 2015 and is now expected to make it to the Indian sphere.
Samsung launched its NFC-based payments solution- Samsung Pay- back in 2015 and after almost two years of its existence, the solution is finally expected to come to India. Well in time after demonetization and the strong growth of digital payments in the country, Samsung Pay is now rumored to be launched in the first half of 2017 and American Express will be its first partner with Mastercard and Visa to follow suite.