SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission. Learn more.

American Express will be Samsung Pay’s launch partner in India


Last updated: February 3rd, 2017 at 12:21 UTC+02:00

We exclusively reported two months ago that Samsung Pay is going to be launched in India in the first half of 2017. A new report published today reiterates what we already told you a couple of months ago so that’s not news to us. However, it does reveal one interesting bit of information related to the launch of Samsung’s mobile payments service in India.

Samsung recently started teasing the launch of Samsung Pay in India. The latest Galaxy Note 5 update released in the country features the Samsung Pay app which is a big indication that things are moving along nicely and that the payments service will go live in the country soon.

Citing a person familiar with the matter, the report claims that Samsung has picked American Express as its launch partner for India. It also mentions that Samsung might be exploring opportunities with Visa and MasterCard as well, undoubtedly the giants of the card industry.

Samsung has worked with all major card companies in the different markets where it has already launched Samsung Pay. In some markets, it started out with just American Express and in others it went ahead with both Visa and MasterCard.

Even though India is a huge market for Samsung, the reach of its mobile payments service will be limited given that it only works with a handful of premium (expensive) devices such as the Galaxy S6 and Galaxy S7 series as well as the Galaxy Note 5. Counterpoint research notes that there are more than 2.5 million of these devices being used in India so while it’s a respectable install base, Samsung Pay may only see true growth in India when the hardware required to make it work trickles down to more affordable handsets.

Source Pay India
Load 6 comments

You might also like

Galaxy M13 5G rumored to come with Dimensity 700 and 50MP camera

Samsung has been continuously expanding its mid-range and budget smartphone portfolio with the introduction of …

  • By Sagar Naresh
  • 1 day ago

Samsung launches Galaxy F13 with big screen, 6,000mAh battery in India

After teasing it a few days ago, Samsung has launched the Galaxy F13 in India. It is a variant of the Galaxy M …

  • By Asif Iqbal Shaik
  • 1 day ago

Samsung launches its 2022 soundbar lineup in India

Earlier this year, Samsung unveiled its new soundbar models for 2022. Today, on the occasion of World Music Da …

  • By Asif Iqbal Shaik
  • 2 days ago

Samsung Crystal 4K Neo is coming to India with best-in-segment feature …

Samsung has announced a new Crystal 4K Neo TV for the Indian market, available through Samsung’s officia …

  • By Mihai Matei
  • 3 days ago

Galaxy F13 with an important advantage over Galaxy M13 coming on June …

Yesterday, Samsung started teasing the Galaxy F13 in India. The upcoming affordable smartphone’s design …

  • By Asif Iqbal Shaik
  • 6 days ago

Galaxy F13 will debut in India soon, teaser up on Flipkart

Signs of the Galaxy F13 started showing up two months ago when the phone appeared in Geekbench’s databas …

  • By Asif Iqbal Shaik
  • 1 week ago