Our lives are exponentially digital–and with people being concerned about the health risks associated with handling cash, digital payment methods are becoming more and more common.
Digital payment methods allow consumers to make cashless payments through their smartphones but what benefits do they offer?
For starters, digital payment methods provide fast and convenient transactions. You simply hold your phone over a terminal and go.
Digital payment methods also allow you to make purchases without touching surfaces or interacting with others, so you can feel safer while social distancing.
When using digital wallets, you no longer have to worry about card skimming and fraud. These systems generally use complex encryption or tokenization methods to ensure your data is secure.
Apple Pay™, Samsung Pay™, and Google Pay™ are the three big digital wallet contenders on the market today.
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Apple Pay is exclusive to iPhones, Apple Watches, Macs, and iPads. You can use Apple Pay at stores or to send money to others in Messages.
Samsung Pay is a convenient way to make purchases virtually anywhere, using your Samsung phone or watch.
Google Pay is a safe and easy way to make purchases, payments, and send money to friends. Google Pay works on any NFC-F-enabled Android device running Lollipop 5.0 or higher for in-store purchases.
Where Can I Use Digital Payment Methods?
People’s Community Federal Credit Union not only accepts Apple Pay, Samsung Pay, and Google Pay, but we also encourage our customers to use these methods with their People’s debit cards.Back to Personal Loans
The Advantages of Digital Payment Methods in Vancouver WA
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