U.S. – Samsung Wallet users can now pay for in-store purchases in installments using their current credit card

Samsung Electronics America announced Installment payments will be available to Samsung Wallet users in select states ¹ beginning July 25 with expansion to all states planned by the end of 2025. „Building on the recent rollout of Tap to Transfer,² the new feature offers greater flexibility and convenience when paying in-store with Samsung Wallet by allowing the customer to separate their purchase into smaller payments.” – according to the press release.

“Our phones go with us everywhere, so we’re making the Samsung Wallet experience as helpful as possible,” said Drew Blackard, Senior Vice President of Mobile Product Management at Samsung Electronics America. “As a comprehensive tool for all of your digital essentials, Wallet is all about flexibility and convenience, and with the addition of Installment payments, we’re making the payment experience even more versatile, providing users with options to make purchases on their own terms.”

Powered by a partnership with Splitit,³ there is no need to apply for a new account or undergo a credit check to use the new feature.⁴ When making a purchase using Samsung Wallet, simply tap the “Pay in installments” option that appears under any of your eligible credit cards.⁵

„After completing the purchase in-store, select from four different installment plans⁶ to find an option that meets your budget and preferred timeline. After the transaction is complete, you can keep tabs on all payments directly in Samsung Wallet.” – the company explained.

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1 Participating states at launch include Arizona, Arkansas, Colorado, Georgia, Idaho, Illinois, Kansas, Louisiana, Maine, Maryland, Michigan, Missouri, Montana, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Tennessee, Utah, Wyoming and the District of Columbia.

2 Compatible with all U.S. Samsung Wallet eligible mobile devices that run Android 12 or higher.

Requires a contactless and payments transaction-enabled Visa or Mastercard credit card from a participating U.S. bank.

3 Samsung is a technology provider and is not providing lending services. Installment service provided by Splitit (NMLS# 2630622). Service subject to eligibility check and only available in certain states. Minimum purchase $50. For licenses and disclosures, see splitit.com/legals/licensing. Credit card eligibility subject to change. Your credit card terms and fees apply.

4 Purchases made using installment payments are funded by the available balance on users’ eligible Visa or Mastercard credit card.

5 Requires eligible Visa or Mastercard credit card. Feature is not supported by credit cards issued by Chase Bank.

6 Payment options include: six payments every two weeks, eight payments every two weeks, six monthly payments, nine monthly payments. If user doesn’t select any plan within 24 hours, it will be paid in full.