PayPal partners Samsung Pay

Gwen Vasquez
July 17, 2017

The move will allow Samsung's mobile payment platform Samsung Pay to be linked to PayPal accounts, which paves the way for Samsung to expand its consumer base, according to Samsung.

Over time, Samsung added new cards and banks to the service.

Samsung and PayPal have actually partnered in the past, starting with the launch of the Galaxy S5 smartphone back in 2014 that integrated fingerprint authentication into the device for seamless PayPal payments online and in-store. Samsung Pay will also work online and in apps via PayPal's Braintree Direct, or at least it theoretically can.

Samsung said it would begin the Samsung Pay service using PayPal first in the United States before gradually expanding it to other global markets.

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That said, Samsung Pay is not yet one of the most-used payment technologies in the US, according to recent data.

"At Samsung, we pride ourselves on our open model of partnership and collaboration, which helps us deliver the best experiences to our customers", said Injong Rhee, CTO and Head of R&D, Software and Services of the Mobile Communications Business, Samsung Electronics, in a statement. 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.

PayPal and Samsung have had a strong partnership for several years now. The following year, PayPal was added as a payment method within Samsung Smart TVs.

"The future of digital payments in India will thrive only by collaborating with various ecosystem partners to drive acceptance".

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