

If you’re a small business that wants to accept digital wallet payments, you’ll need to ensure your credit card processor supports them. You must have a Samsung device to use it.You can use Samsung Money as a bank account and earn interest.It can be used with non-NFC credit card readers.Its user base is growing more slowly than Apple’s.It recently relaunched, requiring users to download a new app and reinstall.It’s much less used than Apple Pay (10.3% of digital wallet in-store purchases).It’s a good option for Android phone users.It has a fast projected growth of 40% (2020 to 2025).Fewer than 2% of in-store purchases are made with Apple Pay.It accounts for nearly half of all in-store digital wallet purchases (45.5%).Apple Pay users live in urban centers, are younger and earn more than users of other digital wallets.It has the fastest YOY growth in users: 24% from 2020 to 2021.consumers have an Apple Pay-enabled device. merchants accept it (according to Apple). Inactive cards deleted - If your device has been turned off, lost, or otherwise inactive in the last 90 days, then cards may be deleted for your security.Payment authorisation required - High value transactions (over NZ$200) require you to unlock your device or you may need to enter your card PIN at the terminal to authorise the transaction.Safeguarding consecutive payments - If you make three consecutive payments without unlocking your device, you may be prompted to unlock your device before you can make another payment.

Instead, an encrypted virtual account number is used to represent your information – so your real card details stay safe. Your information isn’t shared - When you use your device to pay in stores, Google Pay doesn’t send your actual credit or debit card number with your payment.Multiple layers of security - Google Pay and Google Wallet™ protect your payment information with multiple layers of security, using one of the world’s most advanced security infrastructures to help keep your account safe.
