Samsung Pay tie up boosts India launch
Samsung Pay is now compatible with 200,000-plus Mswipe terminals in India. “This tie-up will enable us to make Samsung Pay ubiquitous and acceptable at even the smallest and remotest of merchants across the country,” says Sanjay Razdan, Samsung India.
After being made available to early access testers at the beginning of April, the mobile payments service was rolled out across India later that month. Banks onboard include Axis, HDFC, ICICI, SBI and Standard Chartered, with Citibank set to join them in the near future, and the offering works with Mastercard and Visa cards. An interesting addition is support for the Paytm wallet, a smart move by Samsung given the popularity of Paytm in India.