Samsung Wallet’s ‘installment Payments’ And Money Sending Features Surface

Samsung Wallet’s ‘installment Payments’ And Money Sending Features Surface

While Samsung Wallet has remained steady in feature releases over the past couple of years, two new features in the pipeline are likely to change how users interact with the app on a daily basis. Those Samsung Wallet features include a new installment payment function and a money-sending tool. Both get an early look in a recent Samsung Wallet leak of the beta release.

It isn’t so uncommon to see third-party apps across Android add installment options like a Buy Now, Pay Later feature (BNPL). These controversial additions allow the user to purchase items with a line of credit, and how that credit is awarded is up to the background service.

In a leak of an upcoming beta build, Samsung Wallet screenshots show the new Buy Now, Pay Later and Send Money function in action via a post from @theordysm on X/Twitter. The installment payments option will allow users to pay using the Samsung wallet in the conventional tap-to-pay method. In action, nothing feels different about using the tool. The main difference here is that installment payments will need to be made after the fact, at Splitit’s discretion.

The disclosure notes that the option will be available for all Visa and Mastercard purchases, which should cover most storefront requirements.

Send Money also appears in the leaked screenshots. According to the instructions in Samsung’s app, the function will work with a simple tap on another phone or a debit card. It’s likely that users will first need to enter some information prior to tapping, like the money amount. After that, an NFC tap will activate the transfer. The neat detail here is that one can tap someone else’s debit card to send them money.

It’s unclear how long these transfers will take and if there’ll be an instant factor to them, but it’s neat nonetheless.

Samsung Wallet’s installment payments and money-sending features will likely be available soon for users in the US through a beta phase. It seems the beta is still open for enrollment, which would give you access to the two new features.

More on Samsung:

  • ‘Samsung Auto’ is an Android Auto alternative for Galaxy phones you can’t use [Gallery]
  • One UI 8 leaks again, showing off the tiny list of changes to Samsung’s Android 16 update [Video]
  • Samsung resumes One UI 7 rollout for Galaxy S24 series after delay

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