More and more people are using apps to pay with their mobile phones or smartwatch. There are people who believe that the days of credit cards and cash are over. But is it really so?
Paying with your smartphone has various benefits, such as the ability to make payments when you don’t have a wallet handy or additional security options. For example, to go to the store, you just need to take a mobile phone, which is always near you, and that’s it. With the growing popularity of such applications, the demand for payment apps development is growing.
Mobile payment apps allow the user to set it up to always require a PIN, fingerprint, or face recognition to unlock the card. This is necessary for security and so that someone else does not use your payment instruments.
What do you need to pay by mobile?
To make mobile payments, you need a device with NFC (Near Field Communication) technology. This wireless technology allows you to exchange data between two devices that are less than 20 centimeters apart. You may not have heard of it, but this technology is available in budget and mid-range smartphones. In addition, it is a powerful marketing tool.
But apart from the characteristics of your smartphone, there are two more factors that you should consider:
- You must download a payment application that is compatible with your bank;
- The company where you want to pay must have an appropriate device. In other words, this is a device that implements contactless technology, which is widely used today in all data phones.
Basically, mobile payment apps work the same way as bank cards: the debit is made from your bank account. Therefore, the only restriction you may encounter is the minimum amount for credit card payments.
What is the best mobile payment app?
Consider the two main applications that are actively used for mobile payments.
Google Pay
One of the most well-known mobile payment apps is Google Pay, formerly Android Pay. This app is easy to set up. In addition, it is compatible with a wide range of banking institutions, credit or debit cards, and, currently, Apple devices.
You must open the app and choose the Google account you wish to link Google Pay to before you can establish an account. Subsequently, the interface will help you add the card to your account, even by placing it in front of your device’s camera! It is very convenient and does not take much time.
Finally, Google Pay also allows you to make payments in other apps and online stores. So you can buy without having to enter your bank details every time you want to make a purchase.
Apple Pay
Apple Pay is a mobile payment app for Apple devices. This application is supported by major banking institutions and retail chains, as well as many e-commerce stores.
Its configuration is as easy as Google Pay. Simply take a picture of your credit or debit card by opening your wallet, and it will be added as a payment option after being checked for security.
Also, you will require extra security features each time you make a payment, such as a face recognition or fingerprint identification (Touch ID) (Face ID). In addition to iPhones, Apple Pay works with Macs, iPads, and even Apple Watches.
In fact, if you’re shopping online with Safari from any of these devices, you can use Apple Pay to pay without signing up.
Additionally, if you have a MacBook Air or Pro with a built-in Touch ID, you only need to use your fingerprint.
You may now see how simple it is for you to send money. Now is the time of modern technology, so if there is an opportunity to pay for the purchase using the phone, then why not use it?
