Mobile Wallets Are The New Thing

Our lives are drastically different than what they were a year ago. The way we do normal daily activities is different due to COVID-19 restrictions. A big thing that is changing because of all this is the way we pay for things. Over the last few months, there has been a massive increase in mobile wallets. Why? Here’s why we think mobile wallets are the new thing.

Mobile Wallets

When we say mobile wallets, we are referring to the no card payment option many places are accepting nowadays. All your card information is stored in a mobile wallet that allows you to pay without a card. Some of the most common wallets include

  • Paypal
  • Apple Pay
  • Samsung Pay
  • Andriod Pay
  •  Google Pay

These go-to payment methods are becoming more popular because they require no touch. It is an entirely contactless payment option, which is ideal, given our current circumstances. According to Digital Transactions, contactless payment in the U.S. has increased by 150% since March 2019. As a business owner, it would be a good idea to accept mobile wallets as a form of payment because of their increasing popularity. So how do you do that?

What’s Next

If your business doesn’t already accept these wallets, we can help! At Premier Business Advantage, we offer a variety of processing services, including gateway solutions, chip card readers, contactless terminals, tablet solutions, and more! We are dedicated to the small-to-medium merchant market and will work closely with you to identify the best payment processing system for your business. In addition, we offer competitive rates, 24/7 customer service, and so much more. To learn more about integrating mobile wallets into your business, check us out online here or call us at (636) 207-9000 today!