How to configure a mobile payment app on your phone

With technological advancements happening every minute of the day, it gets overwhelming having to learn new applications when they are released, no matter how much convenience they may bring to you. 

Instead of using your physical plastic card to make purchases, a digital wallet allows you to pay in online stores or physical ones. Some digital wallets commonly used are Transferwise, Paypal, Paxum, CashApp, and Zelle. So here are a few steps on how to configure your mobile payment app to your phone.

Sign up and connect your cards

First step of navigating your mobile application is creating an account. You may use your email or social media account to create an account. Some mobile applications allow the use of your phone number to sign up.

Next is connecting your debit or credit cards in your digital wallet. There will be a button or link where you can add your bank account and ask you to add your card information. These mobile apps allow you to store multiple cards and select a default payment method. Do not worry, as these cards are not charged without your authentication. 

Client paying with credit card.

If you are configuring your cards to a digital wallet, ensure that two-factor authentication is turned on, and you are sent an one-time pin (OTP) for validation of your login or money transfer transaction. 

Some applications require you to verify your identity by submitting a valid ID with signature and a selfie of you holding the ID. This may take a few days before the customer service representative approves of your verification.

Pay with you digital wallet

Once you have created your account and set up your wallet, you can now start paying to different people and businesses.

Some mobile banking apps allow you to pay by scanning a QR code, or holding your phone over a point-of-sale system for contactless payments. Apps like Cash App allow you to transfer to other users with the use of their unique cash tags. 

Some applications require you to input an OTP before debiting your balance to verify that you are the one who made the transaction.

Security reminders

Since digital wallets hold both the user’s personal and financial information, security against cyber attacks should be one of your top most priority before signing up in a digital wallet. Be sure to read up any information about the application before installing it on your phone and linking your bank accounts. Be sure to enable two-factor authentication when logging in, and regularly change your password. Always remember to not share your OTP and bank account details to random individuals. Be sure to transact only with the official email address of the mobile app and raise concerns to legitimate customer service representatives.

In summary

With the amount of mobile payment applications available in the app store right now, it is overwhelming to learn a new interface and app functionalities. But thankfully, many app developers are now making mobile applications user-friendly and accessible to everyone. Once you get the hang of it, you would realize that these apps are easy to understand after all.