It was reported in December that Samsung is planning to bring Samsung Pay, its mobile payment service in India in first half of 2017. Now the company has started accepting early access registration for Samsung Pay in the country.
Currently Samsung Pay is compatible with – Galaxy Note 5, Galaxy S7 and S7 edge, the Galaxy S6 edge+, and the Galaxy A5 (2016) smartphones. Last month, Galaxy Note 5 was updated that added a Samsung Pay app to the phone. Samsung Pay is currently supporting banks including – Axis, HDFC, ICICI, SBI, and Standard Chartered while American Express and CitiBank will be added soon.
In order to sign up for Samsung Pay, you will need to head to the official Samsung Pay page and click on Register for Early Access. Next up, you will need to add your Samsung user ID, mobile number and pin code. After completing the registration, Samsung will send you an email confirming your registration. The email also says, “The Early Access Program will be available shortly, details of which will be shared subsequently,
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Launched in August 2015, Samsung Pay comes equipped with Magnetic Secure Transmission (MST) and Near Field Communication (NFC) technologies that lets users makes contactless payments at PoS terminals. Samsung Pay’s foray in India will come at a time where digital wallets are paving the way for citizens following demonetization in India. It must be noted that Android Pay and Apple Pay are still not live in the India.