Little by little, and often casually, physical money has been disappearing both from our pockets and from the daily lives of many people. A trend that has been imposed and that, especially as a result of the pandemic, has become even more popular. Every day it is more frequent to use the mobile for practically everything, turning these devices into an extension of our daily actions. But the question that many people ask is, What are the best mobile payment applications? As we will see throughout this article, not all are the same, nor are they equally recommended., especially depending on which cases.
If you have doubts about it, and it seems to be something very common, we recommend that you continue reading, and thus learn about the different guarantee alternatives from which it is possible to choose. Some are well known, others not so much, but the truth is that, as always happens, the most famous is not always the best.
Advantages and disadvantages of mobile payment applications
The rise of technology and the Internet has generated many questions that, surely, only time will end up answering. One of the most common is the following: will physical money end up disappearing, being totally replaced by applications to pay with mobile phones? Many seem interested in it and, of course, its advantages are evident. Thanks to this practice, one should not be going to the ATM every two or three, not to mention the problem of running out of cash, for example. At the level of comfort, it is undoubtedly a great advance capable of making life much easier.
But not everything is a fairy tale. Without going further, The very convenience of paying with your mobile can sometimes cause expenses to skyrocket, and you have less control over what you consume. In addition, there is an important “but” on which many people place more emphasis every day: the progressive disappearance of physical money also means that banks and authorities have greater control over what each one spends and on what. In other words, we are more controlled, with the lack of privacy and freedom that this brings. In addition, by placing so much trust in the mobile phone, risks can be taken if we lose the device, it is stolen or, simply, the battery runs out.
Paypal, one of the best-known mobile payment applications
At this point, Paypal is not only one of the most reliable and well-known applications to pay with your mobile, but it also has advantages over the competition. The main one, that it is a payment method that is widely accepted by almost everyone everywhere. Its operation also makes many users bet on it. It is quite simple to use, simply having to link the cards to an account and, in this way, help you carry the money in your pocket or wallet.
Paypal began as a useful tool to make purchases over the Internet, especially in businesses in other countries. Little by little, on the contrary, it has become an ideal alternative for the day to day of many people.
Bizum
It is important to know that Bizum cannot be considered a mobile payment application as such, but in practice it is used in the same way. In summary, it is a tool with which users can make money transfers between themselves in a comfortable, fast and simple way. Most banks have it and include it in their mobile applications, so its compatibility is guaranteed.
One of its main advantages is because it does not include commissions. From a time to being part of it, it has become really popular for daily life, so knowing it and carrying it on the phone is not too much, it is used more or less later.
Google Pay
Everything that bears the name of Google ends up working no matter what, and Google Pay is no exception. In fact, it has also become one of the best-known applications for paying with mobile phones. Among its successes is being very easy to use, something that usually characterizes the Google corporation, from your ubiquitous search engine to your email and everything in between.
You only have to enter your credit card details in the app, and many banks are perfectly compatible with it.
Samsung Pay
When it comes to technology, it is clear that no one wants to be left behind, and the main mobile phone developers know it well. A good example of this is the Korean Samsung, which has also created its own app to pay via mobile phone.
Although Samsung Pay works by means of MST technology, it is also compatible with older systems. What in practice translates into a great help for the users of these devices.
Fresh
Today there are many applications to pay with your mobile phone and, although some are not as well known as those previously mentioned throughout this article, the truth is that it does not hurt to know about their existence. This is the case with the Spanish Verse, which stands out for how easy it is to use. You don't have to be a financial guru to defend yourself and use it when carrying out transfers and all kinds of digital payments.
Something that characterizes Verse is how comfortable it is to create a common fund with her. For this reason many families, friends or couples often turn to Verse when it comes to scheduling a trip or doing some kind of common act (let's say a birthday or something like that). It can be a good alternative in these and other cases, and we would not be at all surprised if in a short time it will have an even greater impact among users.
