More and more people are using mobile payments in their daily lives, enjoying the advantages that this method offers, which can be summarized in three points: convenience, speed and security. How do you pay with your mobile? We explain all the options in this article.
Payments through our smartphone can be useful for us en physical stores thanks to technology NFC (Near Field Communication) or through QR codes, as in online purchases using payment apps or platforms. Payment is also possible between individuals If we use applications that allow direct transfers, such as Bizum o PayPal.
Advantages and disadvantages
These are them main advantages Why many people are interested in how to pay with their mobile phone:
- Comfort: There is no need to carry credit cards or cash in our wallets, purses and pockets. Everything we need is already on our mobile device.
- Security: Thanks to the use of technologies such as encryption and biometric authentication, mobile payments are more secure than those made through physical cards.
- Speed: Payment is made almost instantly, just by bringing the mobile phone close to the reader or scanning a QR code.
To these three main arguments we must also add the possibility of carrying Better financial organization and control of our expenses, since the applications Most popular mobile payment platforms have tools specifically designed for this purpose.
It is fair to point out that, despite these undeniable advantages, Mobile payment also has some limitations. These are the most notable drawbacks today:
- Almost total dependence on technology: A damaged or dead mobile phone will not allow us to carry out any operation, since we will not have access to the payment methods.
- Learning curve, which can be a problem for certain user profiles, such as elderly people or people who are not used to using technology.
- Acceptance. Although this technology is constantly advancing, there are still many businesses that do not accept payments through this method.
Finally, to all of the above we must add that some applications may charge fees for carrying out certain transactions, which means facing additional costs.
How to pay with your mobile phone? Most popular methods
When asked how to pay with a mobile phone, users are faced with a wide range of possibilities. These are the most popular ways to use this payment system:
Apple Pay
It is a method of use Exclusive for Apple device users. To offer a higher level of security, it uses biometric authentication systems. It is compatible with credit cards, debit cards and even, in certain countries and regions, transport cards.
For more details, we encourage you to read our post dedicated specifically to how to pay with Apple Pay
Bizum
How do people most commonly pay with their mobile phones in Spain? The answer is simple: through Bizum. This simple application comes Integrated into most online banking services, allowing you to send money using only the recipient's phone number. In other words, it can be used both to pay and receive payments.
You will find more details on how to pay with your mobile phone from this app in the following post: How is Bizum used?
Google Pay
If Apple Pay only works for Apple devices, Google Pay is Only available for Android devicesThis app allows you to make payments in physical stores, apps and websites. It also includes an interesting system of coupons and loyalty cards.
More information about this method in the following link: How to add funds to my Google Pay account
PayPal
This is an application used worldwide both for making online purchases and transfers between people. To serve PayPal There is no need for a physical card: we can make all payments and receive payments directly from our account. If you are interested in knowing how to pay with your mobile phone, this is an excellent option.
About this mobile payment system, we advise you to read how to send money on PayPal.
Samsung Pay
Finally, an option that works very well, but restricted to Samsung devices only. This application uses NFC technology, but also MST (Magnetic Secure Transmission), which guarantees compatibility with older payment terminals.
More information here: How to use Samsung Pay
Very soon, the question of “how do you pay with your mobile?” will no longer make sense, since It is spreading unstoppably in commercial circuits around the worldFor some it is still a novelty, although for many others it is a practice that has been fully incorporated into their daily lives.
The methods we have reviewed in this post offer us a modern solution adapted to current needs. And it is It is very likely that in the future other even simpler and safer ones will appear. We will be attentive to analyze them and, if necessary, adapt to them.
Editor specialized in technology and internet issues with more than ten years of experience in different digital media. I have worked as an editor and content creator for e-commerce, communication, online marketing and advertising companies. I have also written on economics, finance and other sectors websites. My work is also my passion. Now, through my articles in Tecnobits, I try to explore all the news and new opportunities that the world of technology offers us every day to improve our lives.