Technology Samsung Pay will soon tap into your PayPal account

19:46  17 july  2017
19:46  17 july  2017 Source:   Engadget

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Soon , Samsung Pay users will be able to use PayPal in-app, in-store and online. The service has been moving more and more into mobile payment methods. With these integrations, you may soon be able to use your PayPal account just like a real bank account .

Here’s how to link your PayPal account to your Samsung Galaxy S5 if the PayPal app is not already installed on your phone Tap Pay with PayPal . You will now be able to manage your account at PayPal .com by loggingg into your PayPal Account and clicking on the PayPal Credit section.

  Samsung Pay will soon tap into your PayPal account © Provided by Engadget Samsung Pay has been steadily increasing its payment options since it debuted two years ago, and now it's adding a new vendor to its services. Soon, Samsung Pay users will be able to use PayPal in-app, in-store and online.

Users can add their PayPal accounts to Samsung Pay and use their PayPal wallet anywhere Samsung Pay is accepted. And because it uses proprietary MST (Magnetic Secure Transmission) technology, which allows you to use Samsung Pay at terminals that don't accept NFC, it's accepted more places than any other mobile payment platform. Merchants will also be able to accept Samsung Pay online through PayPal's Braintree.

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Tapping your money away is about to get easier. Thanks to an update announced today, you'll soon be able to activate your PayPal account in Android Pay and use it online, in apps and in physical stores.

With PayPal , you can maintain an account balance. Using your bank account to load funds into the account takes three to four business days. This means you can use Samsung Pay at most payment terminals, regardless of whether they accept “ tap -and- pay ” (NFC) technology.

Using PayPal wallet with Samsung Pay is only currently available in the United States. However, Samsung is working on expanding PayPal wallet support to the 18 other markets it serves, including Spain, South Korea, China and India, soon.

This is a good move for PayPal as well. The service has been moving more and more into mobile payment methods. With these integrations, you may soon be able to use your PayPal account just like a real bank account.

Samsung

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<p>Samsung may be preparing to unveil its sequel to the ill-fated Galaxy Note 7. The South Korean electronics giant just sent out invitations for its next Unpacked event, which will take place in New York on August 23.</p>Samsung may be preparing to unveil its sequel to the ill-fated Galaxy Note 7. The South Korean electronics giant just sent out invitations for its next Unpacked event, which will take place in New York on August 23.

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