The Ins And Outs Of Mobile Banking

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Cardholder Benefits » The Ins And Outs Of Mobile Banking

The Ins And Outs Of Mobile Banking

Add to Favorites:

The days of simply using a phone to talk are long, long gone. Now we have text messaging, FaceTime, AngryBirds, and tons of other applications. Our phones have transformed from a simple accessory to an extremely important and vital part of our everyday lives. And like the times, our phones are becoming more technologically advanced, helping us out in areas that matter the most to us.

The newest technological trend to hit the banking and personal finance industry, are mobile banking applications and platforms.

Just this May, Google released its new eWallet platform which aims to provide cardholders with better payment options and save cardholders’ time and even money. Google is blazing the trail, but PayPal, MasterCard and other systems are on the mobile payment bandwagon.

MasterCard has a eWallet platform called PayPass that allows consumers to check out at any retailer that is equipped with the PayPass technology. MasterCard promises users that PayPass allows consumers to check out faster than traditional check-out methods.

Using your phone as a credit card can save you the time and the hassle of digging through your pocket or purse for your wallet. And once you get your wallet, it saves you the hassle of finding the perfect credit or debit card to fund your purchase. And what about those days when you forget your wallet at home or in the car, or worse it gets stolen? If you sign-up for an eWallet platform you could use your phone to pay for those items.

Enlisting the help of a mobile payment solution can be helpful as many credit card issuers and banks have created Smartphone applications to help consumers’ better monitor their money and personal finance matters. These applications can help you in more ways than one.

There are a variety of apps to choose from, some that will tell you when you’re getting close to your preset spending limit, some that will tell you when you’re overspending in a certain category, and some apps will even allow you to scan barcodes at the register to see if you are getting the cheapest price in your area.

Mobile technology is revolutionizing the banking and personal finance industry, and it would be in your best interest to take part. Credit cards and payments can be very cut and dry, but by taking part in new mobile banking trends and technologies you may propel yourself to the next level of financial wisdom.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

How to Subdue Wedding Expenses and Earn up to $1,000 for Honeymoon

How to Subdue Wedding Expenses and Earn up to $1,000 for Honeymoon

Posted: June 21, 2017

Whether you are married or not, we all agree that marriage is incredibly important for a person. It signifies the beginning of two people as a team, as a family, of a long commitment. It is a newly born union and the sign of your choice, ... Continue reading
How To Choose The Best Credit Card For Everyday Spending

How To Choose The Best Credit Card For Everyday Spending

Posted: June 21, 2017

When you reach for your wallet to pay for groceries, gas, dinner out, or any other everyday purchase, are you searching for cash, a debit card, or a credit card? Many people hesitate to charge this type of everyday spending to a credit ... Continue reading
How to Save Money. Best Credit Card Deals and Tips.

How to Save Money. Best Credit Card Deals and Tips.

Posted: June 20, 2017

We all've been through or may find ourselves in such an emergency when money is needed immediately. Lucky you are if you have savings for unexpected expenses. If not, it's never too late to start saving money. There are different ways to ... Continue reading