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What is a Digital Wallet example?

25 Jul 2022 By PAYCEC

Apple Pay

Payments with Apple Pay are verified using Touch or Face ID, so you can have maximum security with minimal effort.

Google Pay

Google Pay uses NFC technology so you can pay with a fingerprint or a password, and your card information is always encrypted.

Samsung Pay

Samsung users can also set up Samsung Pay, another widely accepted electronic payment system equipped with MST and NFC technology.

PayPal

Add your virtual credit/debit card or even bank account to PayPal so you can check out with a single tap anywhere PayPal is accepted.

Near Field Communication (NFC) is a collection of short-range wireless technologies that require a connection distance of 4cm or less to establish. NFC allows you to transfer tiny data payloads between an NFC tag and an Android smartphone, or between two Android devices.

Magnetic Secure Transmission is a cutting-edge technology that powers Samsung Pay. When swiped, it generates a magnetic signal similar to that of a standard payment card, allowing you to pay fast on the go without having to reach for your wallet.

In addition, there are lots of digital wallets out there currently available:

  • Venmo
  • Cash App
  • Zelle
  • Walmart Pay
  • Dwolla
  • Facebook Pay
  • Amazon Pay
  • Alipay

Have other questions?

If you need further assistance or answer, please don't hesitate to contact us.

Have other questions?

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