Samsung Pay, you can also pay with PayPal account
Published2017.07.19 09:24Service launch in the US, plans to expand to additional countries in the future
Samsung Electronics' mobile payment service 'Samsung Pay' has entered into a strategic partnership with 'PayPal', an online payment platform used by over 200 million people worldwide.
Through this, Samsung Pay users can now make payments with their PayPal account on Samsung Pay.
Once a user registers their PayPal account on Samsung Pay, they can make offline and online payments as easily and conveniently as with existing credit cards or debit cards.
For offline payments, when users swipe up from the bottom of the screen on their smartphone's lock screen or home screen, Samsung Pay is launched, and they can select and use either the registered card or PayPal as their payment method.
Samsung Pay payments using PayPal accounts will first launch in the United States, and the service will continue to expand to additional countries in the future.
Lee In-jong, Executive Vice President of Samsung Electronics' Wireless Business Division, stated, "Samsung Pay is working to provide consumers with the best experience through open partnerships and collaboration. Through this cooperation with PayPal, a globally representative payment service, we will provide an even richer mobile wallet experience."
Bill Ready, Chief Operating Officer at PayPal, said, "PayPal is committed to providing mobile payment experiences that allow hundreds of millions of users to pay conveniently wherever they shop, through partnerships with technology leaders like Samsung."
'Samsung Pay' continues to expand in global markets and additionally launched services in 9 markets this year including Thailand, India, Sweden, United Arab Emirates (UAE), and the United Kingdom. Currently operating in a total of 18 markets including the United States, Brazil, and China, Samsung Pay collaborates with local partners in each region to provide various localized services including offline and online payments, as well as membership and loyalty cards, gift cards, and transportation cards.
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