Tired of fat and heavy wallet in your pocket? Looking after it so you don’t lose it, panicking when it got stolen, then calling the bank… Let’s put an end to it. Today we are talking about something that can completely change your life. Mobile wallet gives you a chance to get rid of the physical wallet and switch to digital one. This is exactly our topic today. Stay with us to review the advantages and different usages of it together.
What is Mobile Wallet
First things first, let establish what mobile wallet is. As its name suggests, it is a wallet that can live in your phone instead of small folding case for money and credit cards in your pocket. It is accessible through an application you install on a mobile device, tablet or even some smartwatches. The app stores all your debit and credit card information. It can also store your ID, healthcare, and loyalty cards. If you want, you can also upload your boarding passes, bus, train, or theatre tickets. The ways of usage are numerous.
How to Use
After you choose preferred mobile wallet app, the rest is easy. You just need to go to the store that receives payments via smartphone. Hold the phone over the reader and enter the PIN code or finger touch ID. Then, you will get the information about the successful or unsuccessful transaction. Simple as that.
Mobile Wallet Advantages
Safe and Secure
Usage of mobile wallets decrease the risks of criminal activities, such as thefts. Mobile phones are not so easy to steal nowadays when everybody holds them in hands all the time. Even if they got stolen it is generally very hard to gain access to the mobile wallet app over phone passwords, facial recognition, and fingerprint checks. Mobile wallets apps mostly have two factor authentication that adds an extra layer of security to your account in case your phone is stolen.
Mobile wallets are also quickly accessible and convenient, and they make the payments go fast and easy. Making purchases quicker saves time to both customers and sellers. Paying without standing in lines and wasting time is a lifesaver. You can also find many discounts, rewards, and offers in different stores when you are paying with mobile wallet.
Use in Cryptocurrency
Such as mobile wallets for traditional money, there are also crypto wallets. You can withdraw your cryptocurrencies from a crypto exchange and store them in an outside wallet. These wallets make it easy and fun to store and manage your crypto portfolio. With this type of wallet, you can make a payment in many companies that accept crypto as payment such as bitcoin friendly Yabby Casino. Check out our site and have fun making payments with your chosen mobile wallet app!
We hope this post was useful to you and that we inspired you to switch to the virtual wallet and save your valuable time. If you are already a mobile wallet user, give us your thoughts on this topic in the comments below and help others to find their best mobile wallet app!