Are you getting everything you need from your mobile plan?
Picture this:
You’re in line at the grocery store. You’ve been shopping for a long time trying to pull together the dinner of a lifetime for your family and it’s time to get home and make the meal. You bring your groceries to the cashier and prepare to pay and it hits you: you don’t have your wallet!
Now you don’t have to worry about a forgotten or misplaced wallet, because smartphones have the ability to house your credit cards on your phone. With apps and smartphone-specific applications, you can link your bank account to your smartphone to be able to pay on the go. Optimum Mobile has all of the information that you need to get started with mobile payments.
Modern smartphones make it incredibly easy to pay for stuff, whether you’re buying lunch or sending someone money. Certain smartphones have the feature built right in, allowing you to store multiple credit and debit cards so that you can leave home without your wallet. Mobile payment apps make paying people back or splitting a dinner bill incredibly simple. Let’s take a look at some of the most popular mobile payment apps
Apple Pay
If you own an iPhone, you’ve probably noticed the Apple Pay app. You can scan and upload your credit and debit cards to the app and use them to shop in-store, online and on other apps./p>
Fees
Apple Pay does not have any fees, whether you’re buying in-store, online, or in an app.
Payment Limits
Apple Pay itself does not have any payment limits. However, be sure to pay attention to any limits on your credit or debit cards. Those still apply.
Use in Physical Stores
When you’re out and about, look for the Apple Pay symbol on the card reader and , double click the side button on your iPhone. Use Face ID to unlock your cards and hold your phone over the reader. Your phone will vibrate when your purchase is complete.
Your credit and debit cards are stored in your Apple Wallet, which can also hold concert tickets, airline boarding passes and public transit cards like New York’s Metrocard or Washington’s SmarTrip. The public transit feature is available in San Francisco, Los Angeles, New York City, Washington, Chicago, and Portland, Ore.
Security
For safety and privacy purposes your transactional information and card numbers aren’t stored on the phone. The app uses transactional codes and device-specific numbers, instead of your personal information. The only information stored is used for troubleshooting and fraud prevention.
Samsung Pay
With Samsung Pay, you can pay in-person, in your apps, or online, wherever, whenever. You can even earn cash back and rewards through Samsung Pay. Samsung supports over 1000 banks and credit unions. Users can upload their debit, credit, gift, and membership cards to the smartphone app. Take a picture of the card or the barcode and you’re ready to start shopping. Instead of typing out your card information every time you make an in-app or online purchase, with Samsung Pay you can use a pin code, finger scan, or iris scan to pay right away.
Fees
Samsung Pay does not have any fees, whether you’re buying in-store, online, or in an app.
Payment Limits
Samsung Pay does not have any payment limits.
Use in Physical Stores
Samsung Pay can be used at any store that accepts contactless payment. Simply open the app, move your phone toward the NFC reader, and follow the instructions. Samsung Pay also supports public transit, tap to ride in New York City, Chicago, and Portland, Ore.
Samsung Pay also has a physical and digital credit card by SoFi called Samsung Money. With the card you can pay from wherever you are in the world and earn Samsung rewards every time you pay with Samsung Pay. There are no account fees or in-network ATM fees. And you can get discounts on Samsung products.
Security
Samsung Pay secures your info in several ways. It substitutes a token for your credit or debit card number, so no card numbers are stored on your phone. Transactions need to be authorized via a PIN number, fingerprint scan or iris scan. If the app detects multiple failures to authorize a payment, it erases all card data. The phone itself is also monitored for signs of attacks or other intrusions by Samsung Knox.
