Samsung, the leading South Korean electronics company, has stepped into the fast growing digital payment service market in India. Samsung Electronics started its mobile payment service ‘Samsung Pay’ in India on Wednesday. Samsung Pay can be used almost everywhere, where debit or credit card is used.
With the registered card of Samsung Pay, just a tap is enough to make your payment. At the same time, it has included the major payment service provider, PayTM and the Unified Payments Interface (UPI) of the Indian government in its app.
Chief Executive Officer of Samsung South-West Asia HK Hong said, “Our card network includes Visa, MasterCard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Card and Standard Chartered Bank. Credit Cards of Citibank India will be available on Samsung Pay soon. ”
Samsung Pay has a very secure platform. It works with three-level security. Includes the signature KNOX Platform, fingerprint authentication and tokenization.
“Samsung Pay is highly secure through the signature KNOX Platform, fingerprint authentication and tokenization. We have partnered with major banks and card networks to give our consumers the widest range of choices, and are working on bringing more and more partners on board soon,” said Asim Warsi, senior vice president, mobile business, Samsung India.
Samsung Pay is currently available in Galaxy S7 Edge, Galaxy S7, Galaxy Note 5, Galaxy S6 Edge, Galaxy A5 (2016), Galaxy A7 (2016), Galaxy A5 (2017) and Galaxy A7 (2017).
One more payment method, Are you ready to use Samsung Pay?