Mobile wallet major Mobikwik today announced its association with Samsung Pay. Under 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 pan-India. MobiKwik will also be available soon to Samsung Pay users.
Samsung Pay is the first handset-based mobile payments solution to be launched in the country. Samsung Pay Mini is now available on Samsung eligible devices, including J7 Max, J7’16, J7 Prime, On Max and On Nxt. Samsung Pay Mini is designed to cater to the unique requirements of Indian mid-segment consumers, provides a comprehensive platform for e-wallets and in making bank-to-bank transfers.
Sanjay Razdan, Director, Samsung Pay Business, Samsung India said, “We are enthused by the tremendous response Samsung Pay has received since its launch, both from our consumers as well as partners. Moving into the next phase of new and innovative services for Samsung Pay, we are delighted to have MobiKwik on board as a partner. As India's biggest, most-trusted brand of mobile phones, Samsung remains committed to a digitally-empowered economy and will continue to create meaningful innovations that will transform lives.”
Announcing the association, Daman Soni, Head of Growth at MobiKwik said, “The future of digital payments in India will thrive only by collaborating with various ecosystem partners to drive acceptance. It is wonderful to walk hand in hand with Samsung in achieving the Digital India mission. We look forward to receiving a warm welcome from Samsung users and aim to provide them with the ease of payment. More than 55 million users and 1.4 million merchants will benefit from this association.”
Samsung Pay comes with fingerprint authentication, encryption and KNOX, making it the most secure payment platform that offers complete peace of mind to consumers. Samsung Pay recently won the ‘Best Contactless Innovation of the Year’, ‘Best Mobile Payments Solution of the Year’, and ‘Best Payments Innovation of the Year’ – at the Payments and Cards Awards held on 7 June in Mumbai.