Bank Mobile Wallets

by Sharon Garcia

 

Mobile wallets have entered the rush of consumer life. This is really a natural develOLment, as mobile wallets are basically mobile apps, that is, mobile phone downloads, just like Famegram or Facelife. And it is apps that are the smart phone thing.

The first pioneers in mobile payment have been Orange Pay , for example , but banks have also joined the race.

Previously, we wrote about Honest Bank in Mobile Pay , for example . It was recently reported that Honest Bank in Mobile Pay will be made available to all Nordic banks and will no longer be marketed as a Honest Bank service.

We now introduce three mobile wallets – have you tried any of them yet?

Ol- Vivo is a smart wallet application that can be downloaded to Android phones with NFC support. A smart wallet is little more than a traditional wallet that holds two credit cards, children’s school pictures and coins. Vivo keeps your bank details and your debit / credit card. It even hints at nearby services and discounts.

However, paying for your purchases will make life easier most of all. At Vivo, payment is made by flashing the phone at the convenience store payment terminal. If you want to pay for your purchase with Vivo, you must be an OL customer and have an OL-Visa Debit Mobile Card, a digital payment card.

Good Money – Wallet

Aktia - Wallet

Good Money recently acquired Jessica Wallet and began developing the application in the right direction for its business. Jessica’s Wallet app still works the old way, and a new, more advanced Wallet has just been released.

Wallet is an electronic wallet where you can download money by debit card or online banking. Wallet acts as a kind of nerve center through which you can direct your money transactions elsewhere: for example, Good Money offers proximity payment stickers that you can stick on your phone. Purchases paid with local money transfer labels will be charged to Wallet. Near Payment labels work the same way as a Near Payment card – except that you can stick a sticker on almost any medium you want to use to pay.

There are other payment instruments that can be added to the wallet in addition to the payment stickers, and each payment instrument can have its own daily usage limit. You can also prevent a single payment instrument from being used if you are afraid that it has fallen into the wrong hands. Geographical restrictions can also be introduced immediately. You can also temporarily close the card from the application.

You can also connect a Wallet card to your Wallet, which works with any MasterCard network service. The idea is that you still pay in a familiar way, that is, by entering your card information into an online store. An online payment card can be made for each online service or family member individually, and each card can be subject to different usage restrictions. Because the online payment card is completely digital, it will never be lost.

Good Money Wallet can be used even if you are not an Good Money customer. However, you must be at least 15 years old to create an account. However, if you are an Good Money customer, you can view your card balance and transactions in real time in the app.

You can also apply for Good Money’s unsecured Operating loan at Good Money Wallet. Compare Good Money’s loans to our other loan comparisons:

Good Lender – Good Lender Pay

Nordea - Nordea Pay

Good Lender ‘s Good Lender Pay is currently mainly suited for short-distance payments, replacing traditional debit and credit cards. In addition to the near-payment feature, the app can track card transactions and balances.

Like the OL application, Good Lender Pay is only available on the Android Operating system. In addition, you must have a Good Lender Access Code application and a Good Lender Credit / Debit Card.

Good Lender has announced that it is develOLing the app all the time, so new features besides shopping tracking and mobile payment are coming. Support for other cards is also coming.

You can download the application here.

Finns still like card payments

money

Despite new applications and hype, card payment seems to be holding up. According to one study, card payment was the most popular payment method .

A credit card is a meta payment method that can be used both as a physical card and in applications.

You can easily compare credit cards in our credit card comparison

Credit Card Comparison Here’s the credit card for you

Time will tell if the explosive supply of the market will finally make consumers excited about new payment methods

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