Summer is one of the busiest times of the year-- kids are out of school, the warm weather beckons you to spend time outside, and there are a wide variety of events and activities to attend!
In all the hustle and bustle, wouldn’t it be nice if you had one less thing to keep track of while you’re out and about? With mobile wallet, you can carry less and make the most out of your summer adventures.
Links:
Learn more about how to set up and use your own mobile wallet
Check out TCU Universi...
Summer is one of the busiest times of the year-- kids are out of school, the warm weather beckons you to spend time outside, and there are a wide variety of events and activities to attend!
In all the hustle and bustle, wouldn’t it be nice if you had one less thing to keep track of while you’re out and about? With mobile wallet, you can carry less and make the most out of your summer adventures.
Links:
- Learn more about how to set up and use your own mobile wallet
- Check out TCU University for more financial education tips and resources!
- Follow us on Facebook, Instagram and Twitter!
- Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.
Here are 3 reasons to use your mobile wallet this summer:
- Quick and Convenient
Finding credit or debit cards in your wallet or purse can be frustrating, especially when you’re in a hurry. Imagine if you could pull up a card for payment in a few seconds, directly on your phone.
With the click of a button or a quick swipe, you can typically access your mobile wallet on your smartphone’s home screen which makes checkout at retail stores, restaurants, and event venues quick and convenient.
Stop spending time looking for your cards and instead spend time enjoying the summer season!
- Secure Payments
Paying with your mobile wallet is secure.
There are two layers of security that protect your card information.
First, your card information cannot be accessed without a pin, fingerprint, face scan, or password which ensures it's protected within the mobile wallet app. If your phone were to get lost or stolen, it’s not possible for anyone to use your mobile device to make a payment which makes it more secure than a physical card or cash.
The second layer of security is how the payments are processed. When you pay, your phone communicates with the terminal using near-field communication technology which provides encryption and other protections when data is transferred.
Your credit card number is also replaced with a randomly generated digital ID, referred to as a token, which means your card number is not being transferred at the point of payment.
If you've held back on using mobile wallet out of safety concerns, hopefully this puts your fears to rest.
- Tickets and Other Cards
In addition to your debit or credit cards, mobile wallet can also store other information, such as loyalty/rewards cards, event tickets, transportation tickets (airline and public transportation), and hotel reservations.
You no longer need to worry about keeping track of physical tickets. With access to tickets, rewards cards, hotel reservations, and payment cards all within your mobile wallet, you’ll have all you need for a day out in the palm of your hands.
Paying is a breeze with mobile wallet! If you haven’t set up your mobile wallet yet, it’s easy! Visit trianglecu.org to get started!
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page, and look for our sponsor, Triangle Credit Union, on social media to share your thoughts.
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
