There is no doubt that payment systems are among the systems most affected by technology. As customers' payment habits shifted from shopping with physical money to shopping with credit cards, developing technology meant that purchases began to be made digitally through e-commerce or mobile phones. Payment systems have now started to evolve toward a point where they can be actively used in every area.
Samsung Pay, one of the important players in the payment systems market, has decided to add new services. Accordingly, users in India will soon be able to apply for financial products such as loans and credit cards through Samsung Pay.
For the new services, Samsung partnered with Paisabazaar, an online marketplace platform for financial products. Paisabazaar is basically a platform that brings together people looking for financial services with those offering these services on the most suitable terms. Sanjay Razdan, Senior Director at Samsung India, shared his views on the subject: “Our partnership with Paisabazaar will help us offer users, as a payment service, the comfort of choosing from a variety of financial products.”
We look forward with curiosity to what the world of payment systems, where Samsung Pay, Apple Pay, Alipay and others now compete, will bring us in the days ahead.
