MobiKwik, Samsung Pay partner over one-tap payment solution

MobiKwik

Digital wallet giant MobiKwik has joined hands with Samsung Pay to enable its consumers in making payments with a single tap using selected Samsung handsets.

Reportedly, the partnership will be benefiting more than 1.4 million MobiKwik-powered merchants across the country.

“As a part of the venture, MobiKwik wallet is now integrated with Samsung Pay Mini to enable one-tap payments to more than 1.4 million MobiKwik-powered merchants across the country, “ said MobiKwik.

“MobiKwik’s mobile wallet will also be available soon to Samsung Pay users,” it added.

“The future of digital payments in India will thrive only by collaborating with various ecosystem partners to drive acceptance. More than 55 million users and 1.4 million merchants will benefit from this association,” said Daman Soni, Head of Growth, MobiKwik.

Post demonetisation, digital transactions reported massive growth across the country.

“Moving into the next phase of new and innovative services for Samsung Pay, we are delighted to have MobiKwik on board as a partner,” said Sanjay Razdan , Samsung India Director (Samsung Pay Business).

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.