Thanksgiving is just around the corner with Christmas following soon! This is the season to take time out and buy gifts for your family, friends, colleagues and others. You can buy various gifts online or from a retail shop by making payment via cash, debit cards or credit cards. Did you know that you can now make payment through your smartphones and tablets while shopping online or at a retail store?
Thanks to various mobile payment apps, now you can make payments through mobile payment apps installed in your smartphone or tablet to make payments.
Mobile Payment is also a boon for people who sell their services or products, they will be able to get payment right on the spot from clients through mobile payment apps.
Security and convenience of using mobile payment apps are making it popular among shoppers. With the launch of Apple Pay and Android Pay here’s top best mobile payment apps for holiday season this year.
5 Best Mobile Payment Apps
1. Apple Pay
Apple Pay is the latest mobile payment service by Apple which is safe, easy and secure to use. It is compatible with iPhone 6, 6s, 6 Plus, 6s Plus and Apple Watch.
iPhone 6, 6s, 6 Plus, 6s Plus and Apple Watch users can make payments at retail stores, restaurants and other places by using NFC with their devices. Apple Pay is currently available in U.S. and UK. It is also available in Canada and Australia through AMEX partnership.
To make a payment via your Apple Pay you need to have a device which supports Apple Pay. You will have to hold your iPhone near the contactless reader with your finger on Touch ID while making a payment. Be assured while you make payment through Apple Pay as your credit/debit card number is not stored on your device nor while making a payment your debit/credit card numbers are sent to merchants.
As per Tim Cook, , Apple Pay will “forever change the way all of us buy things.”
2. Android Pay
Android Pay is the mobile payment service by Google launched across the US and works with all NFC-enabled Android devices running KitKat 4.4 and higher.
To make a payment with Android Pay you will have to unlock your Android phone running KitKat 4.4 and above, place it near a contactless terminal and make payment.
Android Pay supports credit and debit cards from the four major payment network which includes American Express, Discover, MasterCard and Visa.
Android Pay keeps your purchase safe and secure, your credit/debit card information is not sent to merchant while you make payment. If you lose your device you can lock your device and wipe your personal information using Android Device Manager.
If you are using Google Wallet, simply update your app to use Android Pay and use it to make payment at more than one million locations in the US.
PayPal is one of the most common and safe mobile payment system for smartphone users. You can easily track your balance, check in to pay from your smartphone. Send money to your friends and others using a email address or a phone number while on go. With PayPal Here you can run business on go by accepting 2.7 percent per swipe transaction. If you don’t like PayPal check out top PayPal alternatives.
Venmo is another interesting mobile payment app which allows you to make and share payment with friends and family in the US by creating a Venmo Account. Once you receive payment a text notification is send, the recipient should have a Venmo Account to retrieve payment.
The weekly limit to receive payment is $299.99. It has support for all major debit cards, there is a 3% fee on credit cards and non-major debit cards.
Want to send payment to your Facebook friend? Use Payments in Messenger to send or receive money for free. You can start sending money via messenger to friend by opening the chat and clicking the dollar sign, add the amount and your debit card information.
Payments in Facebook Messenger is valid only for those living in the US. You cannot use Payments in Messenger for business purpose.
Above mentioned are some of the best mobile payment apps. Share your views on other mobile payment apps in the comment below!