Samsung Wallet is making peer-to-peer payments easier with its new Tap to Transfer feature, launching in the US later this month. This update lets you send money quickly using a debit card, no extra apps needed.
Samsung is partnering with Visa and Mastercard for Wallet’s Tap to Transfer feature. Thankfully, Samsung Wallet users in the US can send money to recipients’ bank accounts directly through a debit card without needing any other app.
To use it, open Samsung Wallet, select your debit card, and tap your phone to the recipient’s device or physical debit card with tap-to-pay. The app leverages NFC to connect to the recipient’s debit card stored in their digital wallet.
If the recipient doesn’t have a digital wallet, the funds can still be transferred through the physical debit card with tap-to-pay capabilities. It works by Samsung Wallet connecting to the chip in the debit card, just like when paying in a store.
Samsung Wallet Tap to Transfer
In case the receiver isn’t nearby, Samsung Wallet also allows you to find their Samsung account by searching their phone number and completing the transfer remotely. These features offer seamless payment options to US residents.
“Samsung Wallet is a powerful tool readily available on millions of Galaxy smartphones, and with this update, we’re taking the experience to the next level,” said Drew Blackard, Senior Vice President of Mobile Product Management at Samsung Electronics America. “Many users want the flexibility to accomplish their most frequent and important tasks on their mobile device. Samsung Wallet will help make payments to friends and family quick and convenient.”
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