Samsung India has rolled out Samsung Rewards, an exciting new rewards program for Samsung Pay users. To use Samsung Pay, consumers have to just tap the phone on a regular card reader and make payments. Samsung Pay works with three levels of security such as fingerprint authentication, card tokenization and Samsung KNOX.
Every time users make a payment using Samsung Pay, they will earn reward points irrespective of where they spend and how they spend. Accumulated reward points can be redeemed for a variety of Samsung products and partner vouchers. If the points earned through Samsung Rewards are above the Reward or Loyalty points, then the users can earn.
The earnings will be through credit and debit card spends, merchants, retailers, existing discounts and cashback offers that might be running at the time. Samsung Pay users will earn reward points on credit and debit card transactions, government-backed BHIM-UPI, digital wallets, bill payments and recharges. Samsung Rewards will also offer users, the opportunity to earn Accelerated Rewards and Bonus points through various campaigns from time to time.
Samsung Rewards program in India is divided into 3 tiers such as Silver, Gold and Platinum and Platinum is the highest earning tier. Users will automatically move up the tiers basis the transactions done on Samsung Pay. Higher the transactions, higher the earning. Samsung Rewards in India is supported by both - Samsung Pay and Samsung Pay Mini.
To avail these benefits and rewards, users will need to update to the latest version of the Samsung Pay application and register for Samsung Rewards. The update will also allow Samsung Pay users to do their mobile prepaid recharges in addition to 55+ billers already available as a part of bill payments.
Samsung Pay already supports major wallets like Paytm and MobiKwik. With this new update, Samsung Pay Mini users will be able to add their FreeCharge wallet, allowing users to add money, make peer to peer and merchant payments.
Since the past few months, especially after demonetisation came into effect, digital payments are on the rise in India. When many are using the digital payments in the country, this reward program by Samsung will definitely be great for the users.