New fastest payment innovation has launched for selected Samsung devices in India. Mobikwik now tied up with Samsung pay to make the payments more faster. Now you can pay within a second, one tap payment is possible. From now onwards Mobikwik and Samsung pay will be partners.
As part of the tie-up, MobiKwik wallet is now integrated with Samsung Pay Mini to enable one-tap payments at more than 1.4 million MobiKwik-powered merchants across the country, the digital payments firm said in a statement.
There has been a massive growth in number of transactions using digital platforms in the country, especially after the government's move to scrap high-denomination notes in November.
The government has also introduced a number of schemes to promote adoption of e-payment methods like mobile wallets, debit/credit cards and Unified Payment Interface (UPI).
Samsung Pay, the mobile payments service of the world's largest handset maker, was launched in India in March this year.It allows users to just tap and pay using the debit/credit cards and wallets stored on their mobile devices.
Samsung had unveiled a 'Mini' version of the platform that integrates UPI and mobile wallets to work on mid-range priced smartphones. It, however, does not support tap-and-pay using credit and debit cards like the main app.
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As part of the tie-up, MobiKwik wallet is now integrated with Samsung Pay Mini to enable one-tap payments at more than 1.4 million MobiKwik-powered merchants across the country, the digital payments firm said in a statement.
There has been a massive growth in number of transactions using digital platforms in the country, especially after the government's move to scrap high-denomination notes in November.
The government has also introduced a number of schemes to promote adoption of e-payment methods like mobile wallets, debit/credit cards and Unified Payment Interface (UPI).
Samsung Pay, the mobile payments service of the world's largest handset maker, was launched in India in March this year.It allows users to just tap and pay using the debit/credit cards and wallets stored on their mobile devices.
Samsung had unveiled a 'Mini' version of the platform that integrates UPI and mobile wallets to work on mid-range priced smartphones. It, however, does not support tap-and-pay using credit and debit cards like the main app.
Samsung devices comes under one tap payment
- Samsung S8
- Samsung S7 Edge
- S7
- J7 Max
- J7 Pro
MobiKwik Head of Growth Daman Soni said about tie up with Samsung pay
"The future of digital payments in India will thrive only by collaborating with various ecosystem partners to drive acceptance. More than 55 million users and 1.4 million merchants will benefit from this association,"
Samsung India Director Sanjay Razdan said
"Moving into the next phase of new and innovative services for Samsung Pay, we are delighted to have MobiKwik on board as a partner,"
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Mobikwik:One tap payment service on Samsung selected devices
Reviewed by Shan Paul
on
July 16, 2017
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