Samsung India Introduces ‘Bill Payments’ on Samsung Pay, Now Pay all Your Utility Bills Securely
Posted on: 21/Dec/2017 4:49:41 PM
Now Pay Utility Bills through Samsung Pay’s secure platform
Samsung Pay’s ‘Bill Payments’ come with exciting features such as reminders
NEW DELHI, India - December 21, 2017- Samsung India, the country’s biggest and most trusted smartphone brand, today launched ‘Bill Payments’ on its flagship payments service Samsung Pay. The new feature will enable Samsung Pay users to pay their utility bills seamlessly using Samsung Pay’s secure and convenient platform.
Currently, users can pay their mobile, landline phone, electricity, gas, water and DTH bills using ‘Bill Payments’ on Samsung Pay. The ‘Bill Payments’ on Samsung Pay is facilitated by NPCI’s Bharat Bill Payments system (BBPS) - a one-stop payment platform for all utility bill payments.
Bill payment through Samsung Pay comes with a host of unique features and offers users a secure, hassle free and instant payment option on-the-go. Consumers can view due amount, details of previous bills and location-based suggested billers while paying bills through Samsung Pay. What’s more, features such as ‘reminders’ for bill payments make Samsung Pay platform an effective and interactive mode for bill payments.
“Consumer-centric innovation is at the forefront of our business. Since the launch of Samsung Pay, we have constantly innovated and added user-centric features such as UPI, wallets, Gift Cards and now Bill Payments. With the introduction of ‘Bill Payments’, consumers will be able to pay their utility bills seamlessly through Samsung Pay, set reminders and search favourite biller based on their current location. ‘Bill Payments’ is another ‘Make for India’ innovation that we believe will greatly benefit our consumers.” Sanjay Razdan, Director, Samsung India, said.
Himadri Shekhar Chatterjee, President and Head - Transaction Banking, Axis Bank, said, "Samsung Pay is a key partner of Axis Bank in driving digital payments. With the addition of Utility Bill Payments in Samsung Pay, powered by Axis Bank, we see our partnership strengthening even further."
Existing Samsung Pay users have already received update notification, which will enable them to use the service. With the addition of ‘Bill Payment’, Samsung Pay becomes a comprehensive payment platform offering a one-stop payment platform for its users.
About Samsung Pay
Samsung Pay is a complete payments platform. Apart from cards, Samsung Pay users can also make fast and secure UPI payments through P2P money transfers and also QR code scan and online payments wherever UPI payments are accepted. Samsung Pay also supports wallet payments - Paytm on Samsung Pay and Mobikwik and Paytm on Samsung Pay Mini, which is designed to cater to the unique requirements of Indian mid-segment consumers. Samsung Pay Mini provides a comprehensive platform for UPI and e-wallets. Samsung Pay will continue to build and bring to market other payment features going forward. Samsung Pay works with Samsung’s patented Magnetic Secure Transmission (MST) technology as well as with Near Field Communication (NFC). MST replicates a card swipe by wirelessly transmitting magnetic waves from the supported Samsung device to a standard card reader. Through MST, Samsung Pay will work seamlessly on a majority of Post terminals in India. Samsung Pay is highly secure platform as it works with three levels of security—fingerprint authentication, card tokenization and Samsung’s defence-grade mobile security platform, Samsung KNOX.
About Axis Bank
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses. With its 3,485 domestic branches (including extension counters) and 14,332 ATMs across the country as on 30th September 2017, the network of Axis Bank spreads across 1,946 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Bank also has nine overseas offices with branches at Singapore, Hong Kong, Dubai (at the DIFC), Shanghai and Colombo; representative offices at Dubai, Abu Dhabi and Dhaka and an overseas subsidiary at London, UK. The Bank’s website www.axisbank.com offers comprehensive details about its products and services.
About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems and memory, system LSI, foundry and LED solutions. For latest news on Samsung India, please visit Samsung India Newsroom at http://news.samsung.com/in. For Hindi, log on to Samsung Newsroom Bharat at https://news.samsung.com/bharat. You can also follow us on Twitter @SamsungNewsIN
For further information please contact:
Varun Sinha
Samsung India
Email: varun.sinha@samsung.com
Bhaskar Majumdar
Ad factors PR
Ph: +91 9811194244
