Samsung Wallet is the payment application available on mobile phones of the South Korean company and the application will be available soon. a new superpower: ‘Touch Transfer’ Like Bizum, it allows you to send and receive money in a best-practice style with very few steps.

This function of the Samsung wallet works exactly as the name suggests: you will only need Tap the back of your Samsung Galaxy mobile phone with another Samsung Galaxy to send you money, which promises to be very useful for users of the brand’s devices.

Send and receive money with ‘tap’, new functionality coming to Samsung Wallet

‘Touch Transfer’ or ‘One Touch Transfers’ works using NFC technology and app Samsung Wallet. Users will only need to enter their bank details into the app if they have not already done so, and to send money they only need to specify the amount we will transfer. Then the last step is to touch the back of the mobile phone with another Samsung Galaxy and confirm the action with your fingerprint and within a few seconds the process will be completed.

New Samsung Wallet feature now available Available for early adoptersIt starts in South Korea, the company’s home country. According to Samsung’s statement, this tool is currently active for Woori Bank bank accounts in the country, but they are working to bring it to more banks and more regions in the future.

Regarding ‘Tap Transfer’, Samsung explains in its official statement that they hope this function will be very useful in situations where it is necessary to make bank transfers, including payment for services, various purchases and more. Additionally, the company confirmed that it will continue Samsung expands the possibilities of WalletIt allows you to add more accounts, withdraw and deposit money like at an ATM.

The ability to make fast transfers between Samsung Galaxy phones with a single click seems to be very useful, we just have to hope that it doesn’t take too long to arrive in our region.

Cover photo | Ricardo Aguilar at Xataka

via | SamMobile

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