Samsung announced today that the company has added PayPal as a new payment option in Samsung Pay. The benefit program for Samsung Pay users runs for other payment methods as well - you just have to use Samsung Pay regardless of what payment source you choose.
"To some, the collaboration may be somewhat surprising, given PayPal's increasing incursions into the mobile payments market, which have made the service a kind of rival against Samsung Pay and other emerging mCommerce solutions."". In addition to the US, Samsung Pay is now available in 17 more markets, including South Korea, China, Russia, India, Spain, Australia, Brazil, Switzerland, Hong Kong, or the United Kingdom. "As India's biggest, most-trusted brand of mobile phones, Samsung remains committed to a digitally empowered economy and will continue to create meaningful innovations that will transform lives".
So far this year, it launched its Samsung Pay service in nine countries including Thailand and India.
Neither PayPal nor Samsung has indicated exactly when support will be added, with "coming soon" being the only hint at a timescale. Because of this, in addition to enabling consumers to pay with PayPal inside of their Samsung Pay wallets, we're also able to allow merchants to accept Samsung Pay. "By making it completely seamless to accept digital wallets like Samsung Pay, we're continuing to break down the barriers to checkout for our merchants".
PayPal is focused on delivering seamless mobile commerce experiences and extending this reach through strategic partnerships.
The fact that Samsung Pay works at more terminals, including ones that don't even support NFC, makes it one of the better options out there.