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Samsung Wallet adds in-store instalment payments

Samsung has teamed up with Splitit to let users of its mobile wallet use their existing credit to split in-store payments into instalments.

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Samsung Wallet adds in-store instalment payments

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Directly integrated into the Samsung Wallet, the feature lets shoppers link an eligible Mastercard or Visa credit card, which can be used for instalment payments at the point-of-sale with no credit check.

The service will roll out this month on a host of Samsung Galaxy handsets in about 20 US states, including Colorado, Illinois and New Mexico.

Nandan Sheth, CEO, Splitit, says: "For the first time in the US, in-store card-linked instalments are available at scale through Samsung Wallet."

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