Samsung, DBS Bank India team up to offer Samsung Pay to their customers

Customers with DBS debit card will now be able to make contactless payments using the Samsung Pay feature in their smartphones.

Published Date
14 - Feb - 2018
| Last Updated
15 - Feb - 2018
 
Samsung, DBS Bank India team up to offer Samsung Pay to their cus...

Samsung has partnered with DBS Bank India (DBS) to announce that the latter's customers will now be able to make contactless payments using their Samsung smartphones.  “Millions of customers in India have fallen in love with Samsung Pay. Samsung Pay is simple, secure and its biggest USP is that it is accepted almost everywhere a user can tap or swipe physical cards. Our partnership with DBS Bank will further enable more users to make seamless digital payments in a secure manner,” Sanjay Razdan, Director, Samsung India, said. Samsung devices which supporting the feature can be used for making payments at NFC enabled PoS terminals as well and DBS customers can avail the facility by validating and scanning their debit card on select Samsung mobile phones. 

Read the complete press release below

DBS Bank India (DBS) today announced its partnership with Samsung Electronics for its payment platform Samsung Pay. This partnership will enable DBS debit cardholders to make contactless payments using their Samsung smartphones.

With Samsung Pay, DBS customers can widely use their smartphones (for payments) as majority of Point of Sale (PoS) terminals in India are Magnetic Secure Transmission (MST) enabled.  In addition they can also use their smartphones at Near Field Communication (NFC) enabled PoS terminals.

Announcing the partnership Shantanu Sengupta, Head, Consumer Banking Group, DBS Bank India said, “As a bank committed to making banking simpler we continuously seek to seamlessly integrate technology solutions innovatively for a convenient and hassle-free customer experience. We are pleased to make Samsung Pay available to our customers to add further value to our existing payment options.”

 “Millions of customers in India have fallen in love with Samsung Pay. Samsung Pay is simple, secure and its biggest USP is that it is accepted almost everywhere a user can tap or swipe physical cards. Our partnership with DBS Bank will further enable more users to make seamless digital payments in a secure manner,” Sanjay Razdan, Director, Samsung India, said.

DBS customers can avail this facility by scanning and validating their debit card on select Samsung mobile phones.