Digital wallets are convenient, and most people use them for online transactions. You don’t have to worry about not having a credit card since these wallets are an excellent alternative. These are the top five digital wallets you can use for convenient transactions.
- Google Pay
Google is in almost everything you do. If you decide to use it, you have a leg up. It’s acceptable in various stores across different countries. It also uses NFC technology to enable payments. With Google being a massive company, you can guarantee security. Even if all transactions happen online, you won’t worry about not having your information secure. Retailers won’t use the account with your authorization. Tracking your financial health won’t be a problem because you can access your accounts at any time.
This popular digital wallet is a subsidiary of PayPal. It has an upgraded bank security features and encryption that guarantees the safety of your information. With Venmo, you can shop online or in person with ease. Apart from online shopping, you can also use it to receive or send money to people you know. The transaction can happen within a few seconds. If you have a bank account or credit card, you may connect it with your Venmo. There’s no signing up fees and only a 3% transaction fee for credit cards. Some online casinos accept Venmo for payments. If you’re into online gaming, you can use this online wallet easily. Check out casino.netbet.co.uk/slots as an example of a gaming platform that offers customers the option of using this wallet.
- Apple Pay
If you’re already using an iPhone, your Apple Pay gets hooked up to it. Big stores like Disney, Nike and GameStop accept payment from Apple Pay. All transactions are safe and private. Apart from iPhones, you can also use other devices like the iPad or Apple Watch to pay. It’s a flexible wallet that you can use even for public transit.
- Cash App
With the use of PCI-DSS certification, Cash App is probably the most secure wallet you can use. You can also link it with major credit and debit cards. Receiving paychecks and other direct deposits can also happen using the Cash App. Even Bitcoin can get converted to the Cash App if you want to. The best part is it has an investing feature that lets you invest a small amount.
You probably know PayPal. It’s one of the most popular wallets available. It has also been around for a long time. With PayPal, you can guarantee that all transactions are secure. It’s a trusted digital payment app in several countries. Since it remained popular over time, you know that nothing wrong will happen if you use it. Perhaps, the downside is the potential fees. But, if you don’t mind them in exchange for a secure transaction, PayPal is right for you.
These digital wallets make all transactions secure and convenient. You can even use several of them if some of your trusted stores don’t accept payments from those financial apps. As long as you can control your spending and monitor the expenses, everything will go smoothly.