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Samsung Pay will have UPI and Paytm integration

Samsung Pay, the payments solution of Samsung Electronics, will be integrating the Unified Payments Interface (UPI) on the application in India. The company said that its UPI application will be provided by Axis Bank. Samsung Pay also added that Indian users will be able to integrate their Paytm wallet into the app and will allow customers to scan QR codes to initiate a payment, transfer money from peers and generate one-time codes for merchants at stores. Samsung Pay was officially launched today but was available on early access earlier this month. Currently card networks and issuer partners include Visa, MasterCard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Card and Standard Chartered Bank. Citibank India is a forthcoming issuer and its credit cards will be live on Samsung Pay shortly. The payments app will work on the following devices: Galaxy…

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