Samsung Pay Brings Bharat QR Code Based UPI Payments

Samsung’s digital payment services Samsung Pay is tightening its screws for Indian digital payment eco-system. For offering more power to Indian buyers, the company has started rolling out Unified Payments Interface (UPI) integration that could allow UPI payments to merchants using scan Bharat QR codes.

Samsung Pay Brings Bharat QR Code Based UPI Payments

Using the feature, Samsung Pay users can now pay at merchants that support UPI payment system by scanning Bharat QR code. Merchants can get can get barcodes through the government’s Bharat QR Code initiative.

Samsung Pay Brings Bharat QR Code

UPI or Unified Payments Interface is a nationwide payment interface that enables users to easily transfer and receive funds. It can be done just by registering their mobile phone number and bank account. UPI service went live in August last year and allowed users to initiate fund transfer irrespective of the banks they have accounts in.

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For Indian users and merchants, Samsung Pay was launched in March this year. Samsung Pay service in India supports both NFC and MST (Magnetic Secure Transmission). MST enables users to send a magnetic signal from smartphone to the payment terminal’s card reader. Samsung Pay supports major Indian banks and even Paytm e-wallet.

UPI integration allows users to make payments from their bank accounts using UPI service. If you’re using UPI, you do not need details like IFSC code and name of the bank of the recipient, making funds easier to transfer.

Samsung Pay Brings Bharat QR Code Support

Miranda Clark

Miranda is the youngest contributor at team blogging republic. She is a true tech enthusiast, gadget freak and food junkie. When it comes to press releases, no one can write better than her. Bet!!!