Digital Wallet Mobile Payments
Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. René Bennett is a writer for Bankrate, reporting on banking products and personal finance. digital wallet Receiving an email informing you that you’ve completed a transaction that you know you just performed may seem unnecessary; you don’t need to be told what you’ve just done. As soon as anyone tries to hack your account or seize control over it, you’ll know and can block their attempts. This protects your money even if your smartphone is lost or stolen. Still, always research the digital wallet issuer before testing it out, just to make sure it’s legitimate. To start, locate the wallet app on your smartphone—most are already installed—then enter your credit or debit card information. The application allows you to store multiple cards and to set your default payment method. Your...