Samsung is enhancing peer-to-peer payments for Galaxy phone users with its new Tap to Transfer feature, set to launch soon in the US. This allows users to send money directly to a recipient's bank account without relying on third-party applications such as Venmo or Cash App. Utilizing NFC technology, it enables transfers from Visa or Mastercard debit cards via Samsung Wallet to any digital wallet or even a physical debit card. This innovation streamlines bill-splitting in various social scenarios, while also accommodating users who may not have compatible applications installed.
Samsung's new Tap to Transfer feature allows Galaxy users to swiftly send money directly into bank accounts, simplifying peer-to-peer payments without third-party services.
This feature enables users to easily transfer funds from debit cards stored in Samsung Wallet, using NFC technology to connect with recipients' wallets.
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