Samsung is set to introduce its new ‘Tap to Transfer’ feature for Samsung Wallet in the U.S. later this month. This function allows users to send money effortlessly by simply tapping their phones together, making money transfers as straightforward as a phone bump. Initially showcased with the Galaxy S25 series, ‘Tap to Transfer’ is Samsung’s alternative to Apple’s similar feature, ‘Tap to Cash.’
However, Samsung’s offering is more versatile, as it supports various third-party digital wallets, unlike Apple’s closed ecosystem. This means that Galaxy phone users can transfer funds to friends and family quickly and easily by bringing their devices close together. The feature is integrated with the backing of major payment processors like Visa and Mastercard, enabling users to send money via their debit cards stored in Samsung Wallet.
If the recipient also has a debit card configured in a digital wallet, the transaction is instantaneous. Even if the recipient does not have a digital wallet, they can still receive funds as long as they possess a physical debit card equipped with tap-to-pay technology. Should users wish to send money over a distance, they can simply find their contact through their phone number in the app.
This functionality transforms Samsung Wallet into more than just a storage solution for digital cards and IDs; it evolves the app into a comprehensive life organizer and money management tool. Despite some potential limits or fees based on individual banks, the ‘Tap to Transfer’ feature holds promise for Galaxy users, potentially eliminating the need for multiple payment apps as money can be swiftly moved without hassle.