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Samsung Pay brings support for PayPal in the US
18 July 2017, 12:30 | Harold Aguilar
Through the partnership, more than 200 million users of Samsung Pay will be able to pay through their accounts with PayPal, one of the world's largest internet payment companies.
Samsung is continuing to build partnerships to drive even more payments through Samsung Pay, adding PayPal support. The next month, PayPal announced they were adding Venmo as a payment option within their own service, and today it looks like they're making their way to Samsung Pay as well. It's only available in the United States to start, but Samsung is working on adding it to the other 18 markets where Samsung Pay is available.
Neither PayPal nor Samsung has indicated exactly when support will be added, with "coming soon" being the only hint at a timescale.
In addition to the above, Samsung Pay users in the U.S. can still benefit from gift cards, membership, and loyalty cards. You'll still continue to earn rewards through Samsung Pay as well. We recently saw some of these results when Google announced they were partnering with PayPal to let Android Pay users choice PayPal as a payment option. By partnering with Samsung, PayPal has opened new avenues for its users to utilise their funds.
The service is likely to start as early as this year with Samsung eyeing expansion into other countries. PayPal users will now be able to use their PayPal wallet for offline payment transactions at millions of merchants where Samsung Pay is currently accepted, while Samsung Pay customers can leverage PayPal's Braintree assets for easier online checkout.
PayPal and Samsung have had a strong partnership for several years now.
The move is quite a boon for Samsung, whose payment service already works with Near Field Communication (NFC), as well as with Samsung's patented Magnetic Secure Transmission (MST) technology.
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