The day when your wallet becomes a relic, like an 8-track tape, isn’t here quite yet. But we are getting close.
Thinning out your wallet isn’t just nice for your pants pocket. It’s also a good way to minimize your risk for identity theft, should wallet ever be lost or stolen. As long as you’re keeping your smartphone safe and secure, the following mobile payment options offer safe, convenient alternatives to traditional payments.
Mint: Personal finance tools from Mint.com help you track, budget, and manage your money while you’re on the go. Sign up for a free Mint.com account, add your online banking and credit card accounts, and access your personal finances, all from your iPhone. One cool feature Mint offers is optional alerts to any high dollar transactions.
Square: This application and free credit card reader allow users to accept credit cards viaiPhone, iPad, or iPod touch without a contract, monthly fees, or merchant account required. You can become your own merchant with this truly amazing app, which is ready to take payments within minutes of downloading. This can be handy when splitting a dinner check with a group in which everyone has a credit card, but no cash.
KeyRing: Never carry plastic or paper loyalty, membership, or library cards again! You can save time, space, and money by storing cards and coupons on your phone, so you’ll never miss a discount at the point of sale again. I especially like that KeyRing fully backs up your credit and store cards. Not every merchant is ready to accept a digital card at this point, but many are, and the number is increasing.
Paypal: Send money to your friends, manage your account, and more with the PayPal app. It’s free, secure, and more convenient than going to an ATM, writing checks, or sending gifts the traditional way.
I haven’t listed my bank’s application because they don’t currently offer mobile check deposit. But if your bank does, add them to the list, because that’s cool.
ROBERT SICILIANO, CEO of IDTheftSecurity.com is fiercely committed to informing, educating, and empowering Americans so they can be protected from violence and crime in the physical and virtual worlds. His "tell it like it is" style is sought after by major media outlets, executives in the C-Suite of leading corporations, meeting planners, and community leaders to get the straight talk they need to stay safe in a world in which physical and virtual crime is commonplace. Siciliano is accessible, real, professional, and ready to weigh in and comment at a moment's notice on breaking news.
- I Really Want My Phone to Be My Wallet. Don’t You?
Wallets suck. Seriously. Mine hurts my butt when I sit down. I have to remember to take it with me, and then I’m always afraid of losing it. There’s nothing fun about it. And…well…it’s dirty. It really is—money is dirty, and the cards you hand to people with dirty hands that handle dirty cards all
- 5 Things To Know About Contactless Payment
Contactless payment, also known as NFC or near field communication, is a technology that allows electronic devices to communicate wirelessly. In the case of a mobile wallet application, those devices would typically be a mobile phone and a point of sale terminal at a checkout counter. (NFC has other uses beyond credit card transactions: it
- Online Payment Alternatives to PayPal
I’m a little more than a casual online shopper, so I make lots of electronic payments. I prefer to avoid stores, so I buy almost everything aside from food via the Internet. I frequently use eBay. I’m also something of an airline mileage fanatic, so I prefer to pay with a credit card that earns
- 5 Online Security Using PayPal
Sometimes home security begins online. Many millions use and rely on PayPal for convenient and secure ecommerce transactions. But is it safe? The short answer is “yes”. The longer answer is “it depends”. PayPal has numerous redundant measures of protection in place to protect their user accounts. PayPal falls under many of the same rules and
- Digital wallets will save us!
When you leave your home or apartment in the morning, you might pack up a small bag of whatever you need for the day, which might change daily. But what doesn’t change is the three things you always have, and that’s your keys, mobile device and wallet. They are three essentials we can’t function without. Fortunately,
Leave a Comment
You must be logged in to post a comment.