Samsung Wallet Revamps with Installment Payments and Instant Money Transfers
New Features in Samsung Wallet
Installment Payments and Money Sending:
- Installment Payment Function (Buy Now, Pay Later): Allows users to make purchases using a line of credit provided by Splitit. Available for Visa and Mastercard transactions.
- Send Money Feature: Facilitates money transfers through NFC taps on another phone or debit card. Users will need to enter the amount before initiating the transfer.
*Availability:
- Both features are currently in beta and expected to roll out soon for US users.
- Beta enrollment is still open, offering early access to these new functionalities.
This update enhances Samsung Wallet's capabilities, aligning it with other financial apps that offer similar services.