Samsung engineers payments for TV

Samsung is to equip its television sets with a new way for viewers to pay for goods and services from the comfort of their armchair.

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Samsung engineers payments for TV

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The payment service for Samsung Smart TVs supports major credit cards, debit cards, PayPal as well as other mobile billing options, enabling users to complete a purchase in just three steps after initial registration. First, viewers choose the item they want to purchase, press the ‘Pay Now’ button, and enter a four-digit PIN.

Additionally, Samsung mobile device users can transfer their Samsung account information and registered payment methods (credit card, debit card, PayPal) to the Samsung Smart TV without additional registration steps.

Samsung has also equipped its TVs with the capability to perform in-app purhases across a range of popular game titles.

Personal and sensitive information is safeguarded through Samsung’s Secure Keyboard - a world-first secure virtual keyboard and input mechanism on a TV - when entering credit/debit card information or PayPal password.

The TV payment service will initially be offered in 32 countries on select 2015 Samsung Smart TVs and 2014 Smart TVs.

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Comments: (1)

Hitesh Thakkar Technology Evangelist (Financial Technology) at SME - Fintech startups (APAC and Africa)

Brilliant move by Samsung as expected from FMCG OEM from Asia. Other manufacturer - Sony from Japan has come up with Android TV.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              

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