What you need to know
- Samsung's new "Tap to Transfer" feature facilitates direct P2P payments from Samsung Wallet debit cards to recipients' bank accounts.
- It uses NFC, and the feature is compatible with multiple digital wallets (Samsung, Google, Apple) next to physical tap-to-pay debit cards.
- While initially fee-free, a 1.75% transaction fee (minimum $0.25) is expected to apply to the sender in the future.
