Samsung Wallet in the U.S. introduces 'Tap to Transfer' feature for P2P payments using Visa Tap technology and Visa Direct.
With this feature, Samsung becomes the first partner to deploy Visa's Tap to P2P technology, enabling users to transfer funds within a minute.
Users can send money to friends' bank accounts by tapping phones together or tapping a contactless debit card. No app navigation or manual card entry needed.
The movement of funds in Tap to Transfer is enabled by Visa Direct, putting money movement power in consumers' hands.