Samsung Pay is now compatible with debit cards from State Bank of India (SBI), the largest and most widely used bank in India. At launch, Samsung Pay had arrived with support for only credit cards from SBI, in addition to both debit and credit cards from Axis, HDFC, ICICI, and Standard Chartered, and the Paytm wallet service. Recently, the app received full support for India’s Unified Payments Interface (UPI) service, which has been growing in popularity since the government’s move to demonetize the country’s high denomination currency late last year in a bid to move towards a digital economy and stem the flow of black money in the country.
Samsung also launched the Samsung Pay Mini app for its budget phones in India last month; Samsung Pay Mini supports UPI and wallets like Paytm and Mobikwik. Samsung is reportedly looking to bring Samsung Pay to devices from other manufacturers as well, although whether that will happen anytime soon remains to be seen. For now, the addition of support for SBI debit cards should come as good news for many users with a Samsung Pay compatible phone in India. Samsung is also offering Rs. 500 cashback for all transaction done until August 31st, which is an added bonus, although you might have to try adding your card a few times before the process actually goes through.
@SamMobiles hey Samsung has added support for Samsung debit cards in #SamsungPay http://pic.twitter.com/RuCkhS0SMF
— Imaduddin Mohammed (@imaduddinmd96) August 1, 2017
The post Samsung Pay adds support for SBI (State Bank of India) debit cards in India appeared first on SamMobile.
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