Samsung Pay will soon tap into your PayPal account

Samsung Pay has been steadily increasing its payment options since it debuted two years ago, and now it’s adding a new vendor to its services. Soon, Samsung Pay users will be able to use PayPal in-app, in-store and online.

Users can add their PayPal accounts to Samsung Pay and use their PayPal wallet anywhere Samsung Pay is accepted. And because it uses proprietary MST (Magnetic Secure Transmission) technology, which allows you to use Samsung Pay at terminals that don’t accept NFC, it’s accepted more places than any other mobile payment platform. Merchants will also be able to accept Samsung Pay online through PayPal’s Braintree.

Using PayPal wallet with Samsung Pay is only currently available in the United States. However, Samsung is working on expanding PayPal wallet support to the 18 other markets it serves, including Spain, South Korea, China and India, soon.

This is a good move for PayPal as well. The service has been moving more and more into mobile payment methods. With these integrations, you may soon be able to use your PayPal account just like a real bank account.

Source: Samsung

Source: Engadget - Read the full article here

Author: Daily Tech Whip

This article is part of our 'News Tiles' service. The site is currently in Beta. When it is fully operational you will be able to search through and arrange the 'Tiles' to display a keyword, product or technology over your chosen time period. For example you would be able to display all of the leading tech articles on the new Kindle Fire, in one spot in real time. You will also have access to our own original reporting and analysis as well as a polished place to post your own thoughts & reviews here, amongst the Daily Tech Whip Community. Please let us know if you have any feedback via the contact form or via Twitter. Don't forget to come back next week and see our full site and claim your name and your own free tech blog.

Share This Post On