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Last updated: July 17th, 2017 at 16:37 UTC+02:00
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While accessibility is restricted to the aforementioned region, it should make its way to other countries where Samsung Pay is currently available in the not-too-distant future.
“Customers will be able to use their Samsung Pay to access and use their PayPal wallet, letting them make a payment in millions of stores,” explains Samsung in a post on its Newsroom.
Once you’ve linked your PayPal account to Samsung Pay, you'll be able to benefit from Samsung's generous reward program whenever you spend your virtual PayPal Balance.
“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.
Teaming up with PayPal is certainly a smart business move on Samsung's part. For as long as we can remember, PayPal users have been requesting a convenient way to pay for goods using their Balance — and now they finally can.
“We [Samsung] 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,” Rhee added.