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Benefits of using mobile payments

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Home Buying Season

Have you ever gone to pay for a meal or a coffee and realised you left your wallet in the car or at home? Mobile Payments take the stress out of paying when you are out and about, you can freely leave your wallet at home and pay using your smartphone or smart device instead!

Mobile Payments are easy to set up on your iOS or Android device. It’s good to make sure your contact details are correct as you will need a valid email address and mobile number to get set up. You can check your contact details in the Qudos Bank mobile app or in Online Banking.

Apple Pay and Google Pay with Qudos Bank offer the convenience of paying on the go as well as;

Simplicity

Mobile Payments provide a simpler and more convenient way to pay, especially for those times when you are in a hurry. Pay by holding your device close to the EFTPOS terminal, you can also switch between cards easily within the mobile payment’s app meaning no more scrambling for cash in your wallet.

More places to pay

With enhancements to digital payment services this year, more and more retailers are turning to contactless payments for safer ways for customers to pay, and it’s expected to continue to grow in popularity.

Security

Paying via Mobile Payments may reduce the risk associated with carrying your cash or cards which can be lost or stolen. Your card details are never handed over at the point of sale, instead Google and Apple pay apps masks your card number by assigning a random number or token for each purchase. Mobile payment apps have multiple layers of security to help keep your account safe. You can also add fingerprint, password or PIN as an additional layer of security for your phone.

For more information on mobile payments and other ways to bank, visit qudosbank.com.au/Support/WaysToBank

 

  Disclaimer:

Qudos Mutual Limited trading as Qudos Bank ABN 53 087 650 557 AFSL/Australian Credit Licence 238 305. The information in this article is of a general nature and has been prepared without considering your objectives, financial situation or needs. Before acting on the information, consider its appropriateness to your circumstances.

Article published October 2020