Samsung has updated the capabilities of the popular payment service Samsung Pay. In addition to the familiar contactless payment function, users were given the opportunity to get a virtual card for online payments and advanced opportunities to transfer funds to cards of other banks, including foreign ones.
Samsung Pay Cash virtual debit card allows you to accept and send payments via any Samsung Pay card. It can also pay for purchases wherever the Mastercard payment system is supported. Another feature of the virtual “plastic” is the possibility of international transfers. Although the transaction will be initiated using Samsung Pay, the recipient does not need to be a user of this system - in this case, the transfer will be transferred to his bank account.
Users will be able to send funds to 47 countries. When sending money abroad, the user will automatically receive information about the exchange rate of currencies and possible additional payments. Next year, new features may appear in other countries. Now the new service is available to users from the United States, the availability of Samsung Pay Cash in other regions will be announced later.