Samsung India has significantly expanded its digital payment ecosystem in the country through a strategic partnership with AU Small Finance Bank. This collaboration introduces the innovative Mobile Tap & Pay functionality for AU Visa Credit Cardholders directly within the Samsung Wallet application.
How Mobile Tap & Pay Transforms Payments
The new integration allows customers to make secure and convenient contactless payments using their NFC-enabled Samsung Galaxy smartphones. This technology is designed to enhance the speed and simplicity of daily financial transactions for AU Small Finance Bank's credit card users.
Once activated, customers can seamlessly add their AU Visa Credit Cards to the Samsung Wallet platform. This eliminates the necessity of carrying physical cards, as users can simply tap their smartphones at any NFC-enabled Point of Sale terminal to complete transactions.
Enhanced Security and Convenience
The payment process mirrors standard contactless credit card transactions while incorporating additional security layers. Users benefit from the same transaction speed they experience with physical cards, coupled with the enhanced protection of mobile-based payment systems.
This development represents a significant step forward in India's digital payment landscape, offering consumers greater flexibility and security in their financial transactions. The technology ensures that everyday payments become faster, more secure, and incredibly convenient for modern smartphone users.
Leadership Perspectives on the Partnership
Madhur Chaturvedi, senior director of services and apps business at Samsung India, expressed enthusiasm about the collaboration, stating: "We are delighted to partner with AU Small Finance Bank to bring the convenience and security of Samsung Wallet to more users across India. With Mobile Tap & Pay, we are enabling AU Small Finance Bank customers to make seamless and secure payments directly from their Galaxy smartphones — anytime, anywhere."
Uttam Tibrewal, executive director and deputy CEO of AU Small Finance Bank, emphasized the bank's commitment to digital innovation: "AU Small Finance Bank has always been at the forefront of digital innovations. The integration of AU Visa Credit Cards with Samsung Wallet is yet another step towards providing seamless digital payment experiences that will enhance the evolving lifestyle of our customers. This partnership underscores our commitment to building a future-ready banking ecosystem that is intuitive, mobile, and customer-first."
The partnership between these two industry leaders marks a significant advancement in India's ongoing digital transformation, bringing sophisticated payment technology to millions of consumers across the nation.
