Almost everyone now carries a smartphone with them, and more and more people are using this mobile device for contactless payments in stores. This is a really convenient and safe form of payment for goods and services, especially in the era of minimalism and an active lifestyle. You do not need to carry a wallet. All you need to do is to have a smartphone with you, without which you will never leave your home anyway. Learn about 5 reasons to pay with your mobile phone.
You do not have to carry cash
The ability to pay by phone solves the problem of lack of cash. You do not need to worry that you have too little money for the purchases you need, because you can pay for goods in almost any store.
You can pay by phone at any place where there is a terminal for contactless payments, that is, using each terminal. Thus, you can enable Wi-Fi on your smartphone, and the correct amount will be taken from your account. Just do not forget to pre-install the application and configure the service on your phone by adding a card, such as Visa, to your virtual wallet.
Using a mobile application, you can consciously limit your spending
Mobile payments are especially convenient when you leave your home - to the store, to the beach, for a walk or for a run. Thanks to the settings of your virtual wallet, you can limit the amount you want to spend. In this case, you will not collect anything superfluous, which you will have to regret later.
If you want to pay for a drink, ice cream or dinner, you will do this by bringing the phone to the terminal. To some extent, paying with a smartphone can be considered as saving your money, because by setting your wallet strictly for a certain amount, you control your expenses.
You do not need to control the seller and see if they give you the change back correctly.
When you choose mobile payments, you will never have to worry about whether the cashier gave you the change correctly. The exact deducted amount will simply be withdrawn from your account in the virtual wallet and sent to the seller. This is not only convenience, but also savings, because of course you would not have checked how much money was returned to you because of your distraction.
You can clearly control all your expenses.
Using a virtual wallet, you can check at any time how much and what you spent money on. In practice, this means that you always know how much you paid for purchases in one or another store, because you can check all this almost instantly in the mobile application on your smartphone.
You can also check the latest transactions, which also allows you to analyze which products you spend the most money on during the day or month. And this is also the first step to begin to save and spend less money thoughtlessly.
All your data is kept safe.
Adding a Visa card to your mobile wallet does not mean that confidential information about you and your card is stored on your device. On the contrary, thanks to the Visa Token Service, sensitive data, such as a card number, is converted into a randomly generated code, due to which payments are processed.
Thus, your data is kept safe, and if you lose your smartphone, then you do not need to block the card. All you have to do is report the loss of your phone to the bank, and a support specialist will delete your token.Moreover, you can also protect the security of your device in other ways. For example, setting the input by fingerprint, face or unlock code, which will be known only to you.