Will that be cash, check, or mobile wallet?
With smartphone technology continuously on the rise, it’s no surprise that mobile wallets have started to make the occasional appearance in checkout lines. Since USALLIANCE accounts are compatible with Apple Pay, Android Pay, Samsung Pay, and VISA Checkout, we gathered some basic information to explain this new way to pay.
What is it? A mobile wallet is a way to carry your credit and debit card information in digital form on your smartphone. Essentially, it’s another method of payment like cash or card that you can use in most stores.
So, how do you use it? It might surprise you how simple it is to pay using your mobile wallet. Here's what you do:
- Download the mobile wallet of your choice from the app store on your smartphone. If you have an iPhone or Android device, it's more than likely that Apple Pay or Android Pay is pre-loaded onto your device.
- Open the app and follow the prompts to add your debit or credit card information. You can add one card or several.
- When you are making a purchase at a participating store, open the app and select the card you wish to use to pay and hold your device over the PIN pad.
What else do you need to know?
It’s more secure than your wallet. And that’s a good thing. These days, many smartphones allow you to locate, lock, or wipe all of your data from your home computer should your phone ever get lost or stolen. However, if you lose your wallet, you’ll never see it (and all of its contents) again.
Additionally, mobile wallets usually require a four-digit passcode or a fingerprint before each purchase, making it more difficult for thieves to take your hard earned money.
It’s more than just a wallet. Like a real wallet, you can store reward points with your favorite retailers, airline boarding passes, concert tickets, and gift cards. And as an added convenience, your mobile wallet can offer coupons based on your current location.
Are you ready to modernize your wallet?
Should you decide to take you wallet to the tech level, remember that all of our debit and credit cards are compatible with many mobile wallets. All you have to do is open an account.