Samsung Electronics just announced a major update to its Samsung Wallet app. The company is introducing a new Tap to Transfer feature for easy peer-to-peer payments, competing directly with Cash App,

Samsung this month will begin supporting a new peer-to-peer Tap to Transfer feature through the Samsung Wallet, providing another way for users

If you're have a Samsung Galaxy phone, you'll soon be able to send money to friends and family instantly simply by tapping your devices together. A new peer-to-peer payment feature transfers funds from debit cards in your Samsung Wallet to those stored in a recipient's digital wallet or their physical tap-to-pay card.