"The Wallet app is designed to let users store things such as event tickets, boarding passes, membership cards, and coupons in one central location, much in the same fashion as Apple's Passbook app for iOS."
"As for the Apple influence, aside from the look and feel of the app and icon (pictured above), the Samsung Wallet app doesn’t seem to provide any additional functionality above and beyond what Passbook already offers."
Passbook has been around for a while now, but I have yet to be impressed by it in my personal life. In fact, I think it was a pretty poor launch on Apple's part.
Say what you want about their penchant for copying Apple, but this could have been Samsung's chance to blow the competition out of the water. Sounds like they blew it.