Currently, Samsung Pay will be available for all users in the United States and will expand to other countries soon including China, Spain, and a number of markets across Europe, Asia, and Latin America.
“At Samsung, we pride ourselves on our open model of partnership and collaboration, which helps us deliver the best experiences to our customers,” said Injong Rhee, CTO and Head of R&D, Software and Services of the Mobile Communications Business, Samsung Electronics. “We are excited to be partnering with PayPal, one of the largest payment platforms in the world, to offer our global consumers a richer mobile wallet experience. This partnership furthers our commitment to providing customers with a more convenient payment experience that is simple, secure and available almost anywhere.”
Samsung Pay users will be able to access and use their PayPal wallet in millions of stores once they’ve added PayPal account to Samsung Pay. Samsung in a post on its Newsroom also reported that “users will continue to benefit from Samsung Pay’s unique value-added services, including gift cards, membership and loyalty cards.”
“At PayPal, we are focused on creating the best mobile commerce experiences for our customers, and partnering with technology leaders, like Samsung, to create experiences that our millions of joint customers love and can utilize no matter where they shop,” said Bill Ready, PayPal’s Chief Operating Officer. “By adding PayPal to Samsung Pay, we will combine Samsung’s ubiquitous payment solution with PayPal’s seamless and secure mobile wallet – delivering easy access to a simple, secure payment experience.”