Summary

  • Samsung has added a tap to transfer feature to its Samsung Wallet which allows users to send money to friends via their mobile wallet without the need for different apps.
  • It works with any digital wallet as it uses NFC to connect to a debit card in a recipient’s wallet app, or it can transfer funds to a physical card with tap-to-pay capabilities.
  • This feature is rolling out in May 2025 and requires a contactless and payments transaction-enabled Mastercard or Visa debit card from an American bank.
  • It is not yet clear which banks will be participating in this feature.
  • Security issues remain a concern with digital wallets, although they are generally safe to use contactless payment methods do leave users open to eavesdropping and man-in-the-middle attacks.

By Yadullah Abidi

Original Article