The Korean Brand Samsung had entered into India’s payments market last month, but now it supports banks HDFC, Axis, SBI, ICICI and SC (Standard Chartered), debit/credit cards from MasterCard and Visa. Samsung has also tied up with India’s largest mobile wallet PayTM to add support for its services.
Samsung Pay is open for Early Access registrations in India, via the official Samsung Pay website. We have tested out the new Samsung Pay feature, and it worked awesomely. Samsung Pay supports NFC and MST (Magnetic Secure Transmission) that allows users to send some magnetic signal from smartphone to the payment card reader.
At this point the actual limitation is device support, this service is only available for these devices only- Galaxy S7 and S7 edge, Galaxy Note 5, Galaxy S6 Edge+, Galaxy A5 and Galaxy A7. But still, this launch by Samsung is a step ahead of Apple, as Apple has not yet launched its Apple Pay in India. “The iPhone maker intends to bring Apple Pay to India,” said Apple’s CEO Tim Cook. But it seems other countries in Asia has taken priority rather than India.
So, How to get started?
Firstly users need to register from this page, then they need to make sure that the Samsung Pay app is installed, if users do not able see the app, then they need to make sure that their device runs on latest version of software. Samsung Pay app registration is a one-time process that needs your Samsung Account ID and password to be done. You can also register with fingerprint by clicking Use Fingerprint and you can also set PIN for payment.
After launching Samsung Pay to India Samsung Pay takes to a total of 13 countries, including the Korea, the U.S.A. and China.
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