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Samsung Wallet Will Let You Tap Phones to Pay a Friend

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May 6, 2025, 10:48 AM   by Rich Brome   @rbrome.bsky.social

Later this month, an update to Samsung Wallet will enable direct peer-to-peer (P2P) cash payments between Samsung phones. The feature requires that both phones have a Visa or Mastercard debit card stored in their Wallet, and moves money directly from one bank account to another, via those debit cards. The transaction can be initiated via NFC — by tapping phones together — or remotely, using a phone number to look up the other person's Samsung account. Someone with a Samsung phone can also send money to someone without one by tapping the recipient's physical debit card to the phone. Apple has a somewhat similar feature called Tap To Cash, although it has its own Apple Cash wallet balance, instead of being tied to bank accounts via debit cards. Google Pay used to offer P2P payments, but discontinued that service last year.

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