Samsung Pay India Launch Set for Today: How to Use, Supporting Smartphones

HIGHLIGHTS

  • Samsung Pay website is already live in India
  • It is set to officially launch on Wednesday
  • It currently supports only premium selected smartphones
Samsung Pay India Launch Set for Today: How to Use, Supporting Smartphones

Samsung Pay India Launch Set for Today: How to Use, Supporting Smartphones

After launching the Samsung Pay Early Access programme in India earlier this month, the South Korean company plans to launch its mobile payments service officially today. Samsung is holding an event where, it says, it will be “ready with the next revolution”. The company has already made its mobile payments platform Samsung Pay open for Early Access registrations, but presumably more details on commercial availability will be unveiled today.

The invite states that the “latest innovation” is “simple, secure, and almost everywhere, stressing on the safety and widespread of Samsung Pay. On its website, Samsung notes that Samsung Pay supports both NFC and MST (Magnetic Secure Transmission) allowing a user to send a magnetic signal from the smartphone to the payment terminal’s card reader.

Samsung Pay supporting smartphones in India
Samsung Pay isn’t supported on all devices as of yet, and the list of compatible devices in India includes Samsung Galaxy Note 5, Samsung Galaxy S7, Samsung Galaxy S7 Edge, Samsung Galaxy S6 Edge+, Samsung Galaxy A7 (2016), and Samsung Galaxy A5 (2016).
Samsung Pay bank partnerships in India
In Early Access, Samsung has tied up with a few banks like Axis Bank, HDFC Bank, ICICI Bank, SBI, and Standard Chartered. All cards are supported of these banks, with the exception of SBI, for which only credit cards are supported for now. Samsung will add support for more banks eventually, with American Express and Citi Bank next in line. You can also pay via Samsung pay using the Paytm wallet.

How to use Samsung Pay
Samsung Pay can be used at any store with a POS machine, card reader, or a NFC reader. For making a payment, the user simply has to open the Samsung Pay app on his compatible phone, select the card, authenticate via fingerprint or PIN, and then place it near one of the machines to complete the transaction. In case prompted for a PIN, users may be required to input 4-digit card PIN.

Guidelines needed to get started with Samsung Pay

So, how does one get started? First, users will need to register via this page. Then, they’ll need to ensure the Samsung Pay app is installed. If users do not see the app in their app drawer, they will need to ensure their device is on the latest software version, then add then Samsung Account ID via Settings > Accounts > Add Samsung Account. They should then see the Samsung Pay app icon, which will enable them to download and install the app.

Samsung Pay app registration is a one-time process, and it can be done with your Samsung Account ID and password. You can register fingerprint by tapping Use Fingerprint and users can also set up Samsung Pay PIN for payment authentication. During setup, users can opt for Skip and Use Samsung Pay PIN on the verification method page. For adding new cards, tap on Add your Debit/Credit Card which by default launches the camera within the app to auto read card details. It can be also done manually.




For adding Paytm, users will have to add Paytm through Wallet option in Samsung Pay. The company recommends using mobile number to link your existing wallet to Samsung Pay. Additionally, users can also add money to their Paytm wallet via Samsung Pay. To add money, users will have to tap on Wallet on the main screen of Samsung Pay app, and then tap on Add to open the add money page. Interestingly, users can make payments using Paytm on Samsung pay irrespective of having the Paytm app on their smartphone.

For making a payment using Samsung Pay at a store, owners of compatible Samsung Galaxy smartphones will need to launch the Samsung Pay app and then select the card they want to pay with by swiping left or right. Users can then authenticate the payment by verifying their fingerprint (or using their Samsung Pay PIN), and then place the phone near the POS machine or card reader or NFC reader to complete the transaction. In case prompted for a PIN, users may be required to input 4-digit card PIN.

After demonetisation, the peak in usage of mobile wallets like Paytm and MobiKwik has understandably caught Samsung’s interest, and it therefore decided to launch its own mobile payment service in India. The recent push for digital payments in the country could have been a deciding factor for Samsung, and it could only be a matter of time before Apple decides to bring its own Apple Pay service to India as well.




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