Save Money Using E-Wallets- Top E-Wallet Apps for Your Smartphone
Cashless methods of paying for your groceries and purchases are becoming increasingly popular. Given the current situation and the many benefits these methods hold, they have all the more reason to do so. One of the many cashless methods is an e-wallet. While they are not very popular, they are incredibly beneficial. With an e-wallet app, you do not have to carry your card or wallet with you. All you need is your phone, and you probably already have that on you. E-wallets store your card information, and you can keep some money in the application with which you can make purchases. Here are some of the most popular e-wallet apps:
Cash App has become a sensation in the US as of recent. This was released back in 2014 for the iPad and the iPhone. This digital wallet stores your information in the form of tokens that are only accessible through your own fingerprint. This is one of the most secure e-wallet apps on the market.
Till 2016, this was just a mobile app that you could use through your Android. But after that, it has become a full-fledged web app that allows you to send money to anyone in the US using their e-mail and phone number. You can send money directly from your cards, bank account or wallet balance.
Samsung always likes to test its limits, which is what it has done with this application. This is the only e-wallet application that can also use magnetic stripe to transfer funds to a retailer other than NFC. Also, you can even store gift cards, rewards and memberships in the application too.
This has been around the longest and is arguably the most trustworthy too. You see PayPal being used everywhere, from online payments to transfers. This is the most commonly used application that allows you to transfer funds very quickly. It is available for both Android and iOS users.
While many of us disagree with the increased reliance on technology, there is no denying that it has brought benefits beyond the imagination of humans. Cash can be stolen or lost, but your money is safer than ever with these cashless methods. Do you agree? Tell us in the comments below!