Mobile payment apps such as Apple Pay, Google Pay and Samsung Pay allow you to use your debit or credit card in stores and online with just a tap — and they have the added advantage of limiting contact with shared, public objects like point-of-sales devices. Beyond personal hygiene, the mobile wallet option has become increasingly popular. Here’s why:
It’s safer than carrying a credit card or cash because the information is encrypted, making it inaccessible to anyone around you. Mobile wallets use encrypted payment codes, not card numbers, to complete transactions. And since your phone can be secured with a fingerprint or a personal identification number, your mobile wallet is well protected.
With a mobile wallet, you can pay quickly by holding your phone over the payment terminal and verifying the purchase. Most transactions can be completed in seconds.
In addition to credit and debit cards, certain mobile wallets also can store loyalty cards and gift cards, giving you easy access to many in one place. And more and more stores are implementing the technology, with more than 70 percent of merchants now estimated to support mobile wallets.
EASIER ONLINE SHOPPING
When shopping online from your phone, you can complete some purchases using a mobile wallet, keeping your card number secure because you don’t have to type it in or keep it on file with retailers, while maintaining the convenience of fast checkout.
GET STARTED WITH MOBILE WALLET
Getting started with mobile wallet is easy!
Add your TCU debit or credit card information. Access your mobile wallet when checking out at participating merchants and choose your card. Hold your mobile device to the terminal. That’s it! Your safe, fast transaction is complete.