PayPal Integrates its Mobile Payments with Samsung Pay Wallet
- Author: Kyle Warner Jul 18, 2017,
Jul 18, 2017, 0:29
Some users will appreciate being able to select PayPal as their payment option; and Samsung Pay is now being supported in BrainTree Direct, PayPal's payments service for online merchants, which means more merchants will be able to accept Samsung's mobile payments. Right now, PayPal via Samsung Pay is only available in the United States, but will expand to other countries soon.
Samsung said it would begin the Samsung Pay service using PayPal first in the U.S. before gradually expanding it to other global markets. This partnership will give our customers the ability to pay with mobile nearly anywhere consumers can swipe or tap a credit card, as Samsung Pay works in nearly any in-store POS location in the U.S. In 2014, we worked with Samsung to enable mobile payments with just a fingerprint. 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. Users simply add their PayPal account to Samsung Pay, and can then spend the balance anywhere Samsung Pay is accepted.
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". You'll still continue to earn rewards through Samsung Pay as well.
There are millions of PayPal users, and earlier they were stuck with limited ways to use their funds on the service.
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This is not the first time PayPal and Samsung partnered with each other.
This move of Samsung and PayPal is profitable for both the companies.
Secure: Samsung Pay is built with three levels of security- biometric authentication, card tokenization and Samsung's comprehensive mobile security platform, Samsung Knox, providing multi-layered protection from the device down to its kernel.