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Samsung Reportedly Allowing s to Sign Up for Early Access to Samsung Pay in India

Samsung Reportedly Allowing s to Sign Up for Early Access to Samsung Pay in India 4i3c1o

By Ketan Pratap | Updated: 2 March 2017 18:11 IST

Highlights

s of ed Samsung devices can now for early access
Samsung Pay is yet to be formally announced in India
Comes with for Magnetic Secure Transmission

ment

Samsung has been Galaxy A7 (2016) can now for an early access of the new mobile payments system. According to the details leaked via a screenshot, Samsung Pay s credit and debit cards for MasterCard and Visa from banks like Axis, HDFC, ICICI, SBI, and Standard Chartered. The report adds that the for Citibank will be added soon. 3u5i5r

Unfortunately, the South Korean company is yet to formally announce the availability of the Samsung Pay mobile payments system. The report claims that Samsung will start sending an email to s who ed for the service. On successfully g up, Samsung notifies the by sending an email that reads, "Thank you for ing for Samsung Pay Early Access Program." The mail further reads, "The Early Access Program will be available shortly, details of which will be shared subsequently."

Notably, the Samsung Pay via a recent software update.

An earlier report claimed that the company has been testing the service in India since December 2016, and tied-up with American Express. Samsung Pay s both NFC and MST (Magnetic Secure Transmission) that allows a to send a magnetic signal from smartphone to the payment terminal's card reader. However, Samsung Pay only works with high-end Samsung smartphones, limiting its reach.

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Further reading: Mobile Wallets

Ketan Pratap

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Ketan Pratap is the editor at Gadgets 360 - with over 12 years of experience covering the technology domain. With a breadth and depth of knowledge in the field, he's done extensive work across news, features, reviews, and opinion pieces. But what's truly inspiring about Ketan is how he spends his free time. He's often found gazing at snow-capped mountains from over 20,000 feet while sitting on the hood of his car, taking in the breathtaking beauty of nature. His ion for the great ...More