Samsung Pay is syncing up with PayPal, giving you one more way to pay when you make your next purchase.
For PayPal, it is expected to expand its service into offline payments, it said. "As India's biggest, most-trusted brand of mobile phones, Samsung remains committed to a digitally empowered economy and will continue to create meaningful innovations that will transform lives".
PayPal and Samsung Pay have been forging a strong partnership since they worked together almost three years ago to enable mobile payments with just a fingerprint. Adding support for PayPal seems like a big win for users. The new deal will allow Samsung Pay users to add PayPal as a payment method within Samsung Pay, therefore allowing it to be used anywhere Samsung Pay is accepted. Samsung Knox security backs Samsung Pay, which is a high level of security concerning secure ecosystem for PayPal.
PayPal and Samsung have had a strong partnership for several years now.
There are millions of PayPal users, and earlier they were stuck with limited ways to use their funds on the service.
"At PayPal, we are focused on creating the best mobile commerce experiences for our customers, and partnering with technology leaders, like Samsung, to create experiences that our millions of joint customers love and can utilize no matter where they shop", said PayPal COO Bill Ready. In other words, this enables users to register their credit or debit card on the app and then use it at any establishment with a PoS machine.