These days, sending money via mobile phone is easier than ever, and if you own a Samsung Galaxy, you'll be interested to know about the latest update to Samsung Wallet. This app already allowed you to pay in stores or store important documents, but now it includes a feature that makes it easier for you to send money to your friends and family. Send money to a friend with just one tap, similar to what we have in Bizum. However, Samsung's new functionality has only just begun to be implemented in South Korea, but it is expected to reach other countries soon. Keep reading and I'll tell you more. How to send money to a friend, with Samsung Wallet.
How does Samsung Wallet work to send money?
Samsung Wallet's new feature called Tap to Transfer is the star of this update. With it, you can Send or receive money in one tap, by simply touching the backs of two Galaxy devices. This method is so simple that the transaction is completed with one touch without the need for complicated confirmation processes. The process of sending money is very easy.
- First, you need to make sure that you have activated the NFC on your device.
- Then open the app SamsungWallet.
- You must add your bank account details in the app beforehand.
- Now you select the amount to transfer and simply approach the back of your phone with the recipient's phone.
- To confirm the operation, Biometric data such as your fingerprint are requested, ensuring an extra layer of security.
It's that easy. Simply enter the amount of money and tap the recipient's phone to yours while you have the NFC activated. It's a safe and easy-to-use technology. And let's not talk about how futuristic this action seems, the truth is that the NFC was designed for actions as simple and safe as this one. I'll leave you a link so you can download the app and you can send money with Samsung Wallet on your mobile.
What are the advantages of this way of sending money?
This new method of sending money is not only fast, but also very practical. If you have ever used applications such as Bizum, you will realize that this option is even simpler. Samsung Wallet does not require you to know the recipient's account number, which eliminates the possibility of errors when entering data.
Also, you can receive money even with the screen locked, which adds a very interesting level of convenience. You won't have to worry about opening the app, just tap the back of your phone and that's it, the money will be in your account.
For the moment, this feature is only available in South Korea, where Samsung has collaborated with Woori Bank. However, The company has already confirmed that it will soon support more banking entities. and that work is underway to launch the feature in other markets.
Security and customization in transfers
Each transfer that is made through Tap to Transfer It has an encryption system that protects both your data and that of the recipient. In addition, only the last four digits of the mobile phone number of both parties involved in the transaction are displayed, thus providing a additional level of privacy.
Another feature to highlight is the possibility of Customize money receiving optionsYou can set up the app to accept payments even when your phone is locked or disabled, making it extremely convenient in any situation. It doesn't matter if you're in a coffee shop, at work, or at a family gathering; sending and receiving money has never been so fast and secure.
The use of NFC technology not only speeds up the process, but also makes it extremely secure, since Eliminates the need to resort to intermediary applications or enter sensitive data manually.
Future features of Samsung Wallet
In addition to transfers, Samsung Wallet is constantly evolving. In a future update, you are expected to be able to Add multiple bank accounts, make cash withdrawals at ATMs and much more. Samsung is working on making this application a central tool for the personal finance management.
This new feature is designed for those times when we need to share expenses, pay at second-hand stores or even give pocket money to our children. Samsung Wallet also brings the promise of further improvements in security and its interface, so there is no doubt that it will be a very popular choice among users of Samsung Galaxy.
The arrival of Tap to Transfer marks A before and after in the way of managing money digitally. Samsung has made it clear that it is not only seeks to compete with options such as Bizum, but wants to offer a A robust, secure tool with many more possibilities in the future.
