Android Wallet for phone topup, petrol payment, money transfer and crypto currency
Why use mobile payments?
On the peer-to-peer side of things, using mobile transfers allows you to forgo the hassle of cash and checks, and get paid quicker. And for in-store purchases, mobile payments are the best solution for a number of reasons:
They’re fast
Mobile contactless payments are by far the fastest way to pay. Usually, they take about a second. They’re a bit faster than swipe payments, and much faster than EMV chip payments, which are sluggish. And for businesses that have checkout lines (QSRs, retailers), contactless payments will become much more attractive as they can move the line faster (which means more sales in a shorter amount of time).
They’re convenient
People are carrying around cash less and less. People have their phones at the ready more and more. This combination makes mobile payments the most convenient way to pay. There’s no having to go to an ATM to pay someone back—you can do that by sending an e-transfer through your bank’s app on your phone. And there’s no need to dig into your bag for your wallet at the checkout counter—you can just tap your phone to pay.
They’re secure
Mobile payments have multiple layers of dynamic encryption, making them an extremely secure way to pay. They’re far more secure than magstripe payments, and just as secure as EMV chip card payments. In fact, if you’re using a mobile payments app with face ID (like Apple Pay), it’s arguably more secure than an EMV chip card payment.
An added bonus for businesses
In a case study we conducted, mobile payments increase tipping rates. Customers who used their phone or NFC device to pay were more likely to tip than customers who used traditional magstripe cards.
Company Information:
Wisecard (a WiseGroup company) is a global solution provider that has been providing innovative payment and secure solutions to financial institutions, government entities and telco operators worldwide.
Wisecard have been providing EMV smart card, EMV biometric card, EMV perso software, card issuance, EMV embossers, Smart POS machine, Android POS, POS terminals, smart banking, smart teller machine, kiosk, vending machine, biometric POS, Hardware Secure Module, mobile payment platform, private label card solution, prepaid card solution, card management system to partners in more than 60 countries worldwide. Wisecard’s product suite empower large global financial institutions and government sectors as well as small to medium sized retail banks.
Wisecard solutions are adapting to the highest and latest secure standard, and the solutions have been fully tested and certified by international test labs, like FBI, STQC, EMV, PCI DSS, PA DSS, VISA, MasterCard, China UnionPay, JCB, AmEx, Discover, RuPay and etc.
Notes: FBI, STQC, EMV, PCIDSS, PADSS, Visa, MasterCard, China UnionPay, JCB, AmEx, Discover, RuPay is a registered trademark. All trademarks referenced here are the property of the respective owners.
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Android Money Transfer Mobile Wallet For Phone Topup Petrol Payment Images
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