Since it was launched in 2015, Samsung Pay has continued to grow. It finally got help from PayPal last year and added the ability to buy New York City transit fares.

Now, by adding a cross-border payment option, Samsung aims to cater to frequent travelers and those with family outside the US.

Samsung Pay customers in the US can transfer money to accounts in 47 countries including India, Brazil, China and the Philippines, with payment opportunities including bank deposits and cash collection.

Samsung promises this is going to be the first international money transfer service in-app for consumers in the US with a native mobile wallet.

To countries like India and China, mobile payment services are common, but not so much in Europe or North America.

The payment service is operated by Travelex, the Finablr payment platform-owned foreign exchange agency.

The app will show consumers all the charges and exchange rates that will be applied to their transactions up front before the funds are exchanged, so beneficiaries do not need to be Samsung Pay customers.

Samsung Pay's money transfer functionality is now available for U.S. customers, and next year the firm plans to expand to other regions.