Mobile wallets and credit cards: How do they work together?
Live MintIn changing financial scenarios, mobile wallets are a new addition. You can link your credit card to a mobile wallet to avoid carrying a physical card every time you make a purchase. Benefits of having a mobile wallet Convenient to use: Mobile wallets eliminate the need for withdrawing cash from an ATM or swiping a credit card to make payments. Mobile wallets eliminate the need for withdrawing cash from an ATM or swiping a credit card to make payments. Versatile: You can use a mobile wallet for multiple purposes, including buying tickets, transferring money, making bill payments, shopping for groceries, and buying movie tickets You can use a mobile wallet for multiple purposes, including buying tickets, transferring money, making bill payments, shopping for groceries, and buying movie tickets Secure transaction: A physical credit card has the possibility of getting stolen or lost.
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Credit Card NFC Technology: What it is and how it works?
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