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Three Distinct Benefits to Using a Digital Wallet

January 30, 2017 by · Leave a Comment 

digital-wallet-graphicDigital wallets offer a completely new take on paying for goods and services, and could soon become an ubiquitous part of life. These applications allow the secure transfer of money over a network, and through a mobile device. No more cards to carry, no more wallets to worry about. If you secure your device, your digital wallet will be available anywhere you can find a network connection. Here are three distinct benefits to adopting this new technology, if you’ve not already done so.

Security

Right now, you carry your wallet or purse, and your cell phone. Imagine if you could consolidate all of that so you need only a single device. That single device is secured by fingerprint, face imaging technology, passcode or any one of dozens of means. That access point is going to be far more secure than your wallet is today. Even if a thief attempts to steal your phone, you can still login to your wallet and change your password to secure your wallet’s contents.

Speed

Good bye long lines, hello mobile checkout that meets you where you are in the store. Imagine transferring money by just standing next to the cashier, who is already engaging with you regarding your purchase. This is already reality in major retail chains, and it’s sped up the checkout process like never before. Transactions take little more than a few taps and they are done.

Modern Novelty

What better way to say “I live in the future” than to interface your phone with an NFC terminal to transfer money from one account to another. Craft businesses will be able to accept cards, and businesses who offer digital wallets as a valid form of payment will see customers flock to their doors for a faster and more secure way to pay for the goods they are already buying.


Charge.com has more than 20 years of experience in credit card processing services, and remains one of the most efficient methods to move money online.

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