PayGate partners with Samsung

Thursday 28 July 2022 12:38 CET | News

South Africa-based payment gateway PayGate, part of DPO Group, has enabled Samsung Pay as an extra payment method for its merchants.

The mobile payment solution provides a private way to make mobile payments, without having to hand over cash or share payment card details for each new transaction.

PayGate’s officials stated that Samsung Pay removes the need to search through a wallet or purse for payment cards, which contributes to a seamless payment journey. On top of this, every transaction is authenticated and authorised by the customer’s fingerprint or PIN on their Samsung device, adding an extra layer of security to online payments.

According to PayGate, Samsung Pay has put measures in place to ensure actual card information is never stored on a customer’s device, or on Samsung servers. Instead, each time a payment is made, the card number is substituted for a token, effectively creating a virtual version of the card with a completely different set of digits. This ensures consumer details remain encrypted and secure.

Samsung Pay is integrated with a number of major banks, including Absa Bank, Capitec Bank, Discovery Bank, FNB, Investec, Nedbank, RMB Private Bank, and Standard Bank, for online payments and checkout. Merchants who offer Samsung Pay to their online customers can do so through their PayGate account.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: mobile payments, partnership, Token, digital wallet, merchant
Categories: Payments & Commerce
Companies: DPO Group, PayGate, Samsung Pay
Countries: South Africa
This article is part of category

Payments & Commerce

DPO Group




Samsung Pay

Discover all the Company news on DPO Group and other articles related to DPO Group in The Paypers News, Reports, and insights on the payments and fintech industry: