As peer-to-peer payments are becoming a necessity for consumers, Visa has integrated a new payment solution for Samsung Wallet users.
Visa has integrated the “first-ever” peer-to-peer (P2P) payment feature into Samsung’s digital wallet on May 21 to enable seamless contactless payments.
To assist in the rising consumer demand for quicker and efficient payments, Visa utilised its Tap technology, as well as the Visa Direct real-time solution, for Samsung Wallet users to perform Tap to Transfer payments.
Users will be able to send money to and from their accounts by tapping another Samsung phone, or a contactless debit card, to transact the payment. The P2P feature sends money from the user’s bank account to the receiver through Near-Field Communication (NFC) technology without the need of manual card entry.
Samsung Wallet, formerly Samsung Pay, is compatible with a wide range of banking accounts, credit and debit cards, such as Visa, Mastercard, Santander, HSBC, Bank of America and more.
The telecommunications cited a need for greater interoperability when it comes to digital mobile payments as a cause for accepting a wide range of card networks and banks to support Samsung Wallet.
Following Visa’s integration, Samsung has become the first company to launch the Tap to Send feature and builds upon Visa’s goal of helping to “redefine how money moves”.
Geraldine Mitchley, VP of Head of Visa Tap Global Enablement at Visa, said: “This innovation is powered by Visa’s Tap technology, which allows consumers to tap their card on NFC-enabled consumer devices, unlocking a number of new Tap innovations from Visa.”
A business growth enabler
The growth of ‘Tap’ payments is not just felt among users sending and receiving payments from friends and family, but also for businesses of all sizes.
On March 3, Visa found its Tap to Phone solution has grown by 200% globally over the past year, with some of the largest adopters of the payment solution being the US, UK and Brazil.
With the ability to transform mobile phones into point-of-sale (POS) devices, Tap payments have enabled small businesses in particular to scale operations by supporting a rising consumer need.
Visa revealed 30% of businesses which have adopted its Tap technology are small businesses, enabling them to perform fast and seamless payments. Now accessible on Samsung mobile devices, Visa’s Tap technology, alongside Apple’s Tap to Pay on iPhone, are helping small businesses perform P2P contactless payments.
Mark Nelsen, Global Head of Consumer Products at Visa, said in March 2025: “Tap to Phone is a tech equaliser for businesses. Walk into some of the world’s largest retailers or go to your local farmer’s market and they’re using this same technology to accept payments right on their phone.
“People love to tap, so we’re continuing to expand our tap capabilities to create the best payments experiences for people and businesses.”
