Samsung teasing launch of Samsung Pay in India

[Siva]

Samsung wants to expand its mobile payment service to as many markets as possible to stay ahead of the competition, and is now already teasing the launch of Samsung Pay in India.

Today, Samsung started rolling out the Android Nougat update to the Galaxy S7 and S7 edge devices. As soon as you turn on the device after it has been updated to the latest version of Android, a message pops up that says “The future of payments is coming soon!” The Nougat update also brings the Samsung Pay app to the company’s flagship devices, which is a clear sign that the payment service will soon be launched in India.

Unfortunately, we don’t have an exact time frame right now. Samsung is currently just teasing us and letting us know that we can expect the service to become available but hasn’t really shared any other specific information regarding the launch. The company will probably release more details soon.

One of the biggest advantages of Samsung Pay, when compared with rival services, is that it uses both NFC as well as Magnetic Secure Transmission (MST), which supports older magnetic credit card machines. And as the majority of card readers are compatible with MST, you’ll be able to use Samsung Pay in most shops, restaurants, and bars across the country.

As India has been going through a tumultuous demonetisation drive over the past months, interest in electronic and mobile payment systems has skyrocketed.

http://www.androidauthority.com/samsung-teasing-launch-samsung-pay-india-745375/

 

[Bapun]

Yes, got it with latest update. Good move. Many will use it.

 

[Sarkar]

Too many options are just confusing people. Everyone should follow single UPI

 

[Bapun]

Too many options are just confusing people. Everyone should follow single UPI

But how that can be possible? Only if Govt ban all private UPI services and make one app only like BHIM.

 

[Sarkar]

I mean under the hood UPI is same and people have choice to use which app UI they prefer in their phone after all in Android we luv customisation.

Now if we hv paytm, Freecharge, Mobikwik, apple pay, Samsung pay, android pay this will create problems as these are not interoperable.
For example today I had to pay Rs 25 in cash to train ticket counter though I hv freecharge balance and UTS app installed in phone only because UTS does not accept freecharge, it only accepts Mobikwik and paytm.

So what's the use of all these fancy technology when we hv to stand in queue and use same old cash payment

 

[Bapun]

Correct. Agreed bro.

 

[Bapun]

http://www.gsmarena.com/samsung_pay_expected_to_launch_in_india_in_partnership_with_american_express-blog-23180.php

Samsung is planning on launching its Samsung Pay service in India, according to multiple reports. The service is said to launch some time during the first half of 2017.

Samsung is said to have partnered with American Express for its India operations. It could partner with Visa and MasterCard in future, like it does in other markets.

Samsung recently started rolling out the Android 7.0 Nougat update for some of its devices in India. In this update, the previously missing Samsung Pay app can be found. The phones also show a pop-up notification saying "The future of payments is coming soon!" after you install the update.

 

[Bapun]

Samsung Pay launch in India teased yet again - SamMobile

 

[rahul1117kumar]

Samsung Pay Early Access Program registrations begin in India; here’s how to get started

Samsung Pay is set to launch in India soon and now Samsung is allowing users to sign up for an early access. The contactless payments service has been in existence since 2015 and is expected to make its debut in the country in the first half of 2017.

The service is compatible with Galaxy S7, Galaxy S7 edge , Galaxy Note 5, Galaxy S6 edge+, and the Galaxy A5 (2016) and Galaxy A7 (2016). All these devices, updated with the Samsung Pay app through recent software updates are compatible with Samsung Pay. So if you own any of these devices and have updated it to the latest software, you can sign up for the early access to Samsung Pay.

To sign up for the service, all you need to do is go to the official Samsung Pay product page and click on Register for Early Access . You will then be redirected to the registration page where you can fill in the details including model number and eligible bank details. As of now, there are select banks which are partnering Samsung for the contactless payments service through MasterCard and Visa credit and debit cards. These include Axis, HDFC, ICICI, SBI, and Standard Chartered banks. Upcoming banks include American Express and CitiBank.

You will then also be required to fill in your details including your Samsung user ID, mobile number and pin code. Once you fill out the registration form, Samsung will send you a confirmation mail. Interestingly, the mail does not mention when the service will actually be available, SamMobile reports. However, it does ask you to update your device to the latest Android software. By doing so, users will be able to see a Samsung Pay option on their smartphone. Additionally, once the Early Access Program goes live, the registered users will further receive a confirmation email along with a guide on how to use the service.

Samsung Pay is exclusive to Samsung
smartphones with NFC capabilities. By using the app, you can simply wave the smartphone near any NFC-enabled PoS machine, and make payments instead of swiping cards or inserting details. Claimed to be a more secure and contactless payments solution, Samsung Pay also makes use of fingerprints or code input for transaction authentication. With Samsung Pay, users can also choose to save multiple cards including shopping cards for payments’ purpose. The service is already available in regions including the US and South Korea.

Samsung Pay Early Access Program registrations begin in India; here’s how to get started