The move will allow Samsung's mobile payment platform Samsung Pay to be linked to PayPal accounts, which paves the way for Samsung to expand its consumer base, according to Samsung.
To use PayPal in Samsung Pay, all you have to do is sign in using your PayPal credentials in the Samsung Pay app.
First rolling out to users in the United States and then other countries, the team up combines Samsung's tap-to-pay platform with the digital wallet service.
For those in the U.S., PayPal Wallet can be added to Samsung Pay like a typical payment option. Samsung Knox security backs Samsung Pay, which is a high level of security concerning secure ecosystem for PayPal.
PayPal is focused on delivering seamless mobile commerce experiences and extending this reach through strategic partnerships. Even though Android Pay brought PayPal support earlier than Samsung Pay but the latter is more popular as a payment service.
There are millions of PayPal users, and earlier they were stuck with limited ways to use their funds on the service.
PayPal and Samsung have had a strong partnership for several years now. "We 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". In other words, this enables users to register their credit or debit card on the app and then use it at any establishment with a PoS machine.
Accepted Almost Anywhere: Samsung Pay works with Near Field Communication (NFC) as well as with Samsung's patented Magnetic Secure Transmission (MST) technology.