Now that Samsung Pay service is live in India, the company is taking the next steps in solidifying its ground as a prominent mobile payment service in the country by partnering with existing banks, POS and other payment solutions such as PayTM and UPI. Now, Samsung has signed a new partnership with POS merchant MSwipe. As a result, Samsung Pay will now be supported at all MSwipe terminals in the country. MSwipe currently has over 200,000 terminals pan India which offer a great chance for Samsung to put a word out about its contactless payment solution.
The payment process is relatively easy as all one has to do is choose from one of their pre-registered debit/credit cards from their Samsung Pay compatible smartphone and authenticate the transaction using their fingerprint scanner and just tap on the on POS terminal device.
Manish Patel, Founder and CEO, Mswipe, said in a statement-
"By enabling Samsung Pay, we are offering lacs of users an option to make swift, secure and contactless digital payments at our terminals."
Currently, Samsung Pay is supported by the following smartphones in India-Galaxy S8, Galaxy S8+, Galaxy S7 edge, Galaxy S7, Galaxy Note 5, Galaxy S6 edge+, Galaxy A5 (2016), Galaxy A7 (2016), Galaxy A5 (2017), Galaxy A7 (2017) and Galaxy A9 Pro. The Tizen-based smartwatches- Gear S2 and Gear S3 will soon be made compatible with the service in India.