Samsung started teasing the launch of its mobile payments service in India several weeks ago. Those who signed up for the early access program were allowed to start using the service early this month. The company today announced that Samsung Pay is now live for everyone in India. Now that it has been launched in India, Samsung Pay is currently available in 12 global markets.
Samsung Pay has integrated Paytm and the government’s Unified Payments Interface into the app. The card network and issuer partners for Samsung Pay in India include Visa, MasterCard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Cards and Standard Chartered Bank. Citibank India credit cards will be supported soon as well.
Customers in India also get a Unified Payment Interface option that has bene launched by the National Payments Corporation of India. The Samsung Pay UPI feature is powered by Axis Bank and enables users to make peer to peer transfer of funds between bank accounts on a mobile platform. Indian consumers can also integrate their Paytm accounts into Samsung Pay which will allow them to pay by scanning QR codes. Paytm works for peer to peer money transfers as well.
The list of supported devices currently includes the Galaxy S7 edge, Galaxy S7, Galaxy Note 5, Galaxy S6 edge+, Galaxy A5 (2016), Galaxy A7 (2016), Galaxy A5 (2017) and Galaxy A7 (2017). It will be available on the Gear S3 shortly as well.
We’ve tried out Samsung Pay in the country to see how it performs, do check out our first impressions of Samsung Pay in India.
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