Today, Samsung announced an exciting new feature for Samsung Wallet, called “Tap to Transfer.” This innovative option allows users in the US to make peer-to-peer (P2P) payments quickly and conveniently.

With this feature, Galaxy S25 Ultra users can easily transfer money to their friends by simply tapping their phone against a friend’s Galaxy S24 Ultra, making it a hassle-free way to repay for meals or other shared expenses. The rollout of this feature is made possible through Samsung’s collaboration with Visa and Mastercard, enabling users to send money from their debit cards stored in Samsung Wallet directly to friends and family members without needing an additional app.

Samsung Wallet utilizes Near Field Communication (NFC) technology to connect to the recipients’ debit cards in their digital wallets, streamlining the payment process even further. One of the standout aspects of this feature is its versatility.

Users can transfer money to individuals who don’t have a digital wallet—provided they have a physical debit card equipped with tap-to-pay capabilities. Given that most cards today have this feature, it opens up many opportunities for easy transactions.

Drew Blackard, Senior Vice President of Mobile Product Management at Samsung Electronics America, stated, “Samsung Wallet is a powerful tool readily available on millions of Galaxy smartphones, and with this update, we’re taking the experience to the next level.”

However, it’s important to note that Tap to Transfer appears to be exclusive to Samsung Wallet and does not support non-Samsung devices. While this may be disappointing for some, it wouldn’t be surprising if Google introduced a similar feature for Google Wallet soon, especially with their upcoming Google I/O event.

This feature bears resemblance to one Apple introduced in 2022, highlighting the ongoing competition among tech giants in the payment space. The rollout for Tap to Transfer is expected to begin later this month.