Samsung Electronics forged a business tie-up with the world's largest online payment service PayPal as a way to promote the uptake of its mobile payment service Samsung Pay.
Samsung announced on July 17 that it will expand the Samsung Pay service under the partnership with PayPal which is used by more than 200 million people worldwide.
The Samsung Pay users who register their PayPal accounts with Samsung Pay, can make online and offline payments just like those who register their credit cards or debit cards.
When making offline payments through a PayPal account, users should select PayPal instead of credit or debit cards for payment on the list of payment methods.
Lee In-jong, vice president of Samsung Electronics, said, "Samsung Pay is striving to offer the best user experience through collaboration with a variety of companies. With a partnership with a global payment company PayPal, Samsung Pay would be able to offer a wider variety of mobile wallet services."
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