SamTap

SamTap is a mobile application designed for peer-to-peer contactless payments. It allows users to transfer money to each other by simply tapping their phones together. The application utilizes near-field communication (NFC) technology, which is built into most modern smartphones, to facilitate these transactions.

To use SamTap, both users must have the application installed and running on their devices, with NFC enabled. Once activated, users bring their phones within a few centimeters of each other. The app then prompts the sender to confirm the transaction amount and authorize the payment. Upon confirmation, the funds are transferred from the sender's linked account or digital wallet to the recipient's.

SamTap aims to provide a quick and convenient alternative to traditional payment methods, such as cash or other digital payment apps that may require scanning QR codes or entering recipient details. The application typically supports linking to various bank accounts and credit cards, offering flexibility in how users fund their payments and receive money. Security features are a key component, often including encryption and multi-factor authentication to protect user data and financial information. The app is generally available for both iOS and Android platforms.