Top 5 Reasons to Use a Mobile Wallet

Mobile wallets are game changers. When you free yourself from relying on your physical credit and debit cards, you can take advantage of all the benefits mobile wallets offer. Let’s take a look, starting with an explanation of how a mobile wallet works.

What is a Mobile Wallet?

A mobile wallet (sometimes called digital wallet) is an app you download to your smartphone that lets you store and use credit and debit cards digitally. Instead of pulling out your physical card, you can pay with your phone or smartwatch, whether you’re checking out in-store or shopping online.

Popular mobile wallets include Apple Pay®, Google Pay™, and Samsung Pay®.

Once your card is added to your mobile wallet, paying is a breeze, just tap your device at any checkout with the contactless payment icon or select your mobile wallet when shopping online.

5 Reasons to Add Your Card to Mobile Wallet

1. A Faster, Easier Setup

New to mobile wallet? Getting started is easier than ever. With Tap to Add, you can add your PSECU debit card, Classic Card or Founder’s Rewards Card in seconds, without having to snap a photo or manually enter in your card information.

To add your PSECU card, open your mobile wallet and follow the on-screen prompts to add a new card. When asked, simply tap your physical PSECU card to your phone to complete the setup. Your phone will guide you through the process, including any verification steps. It’s a quicker, easier way to set things up.

Tap to Add is available on supported devices running Apple iOS 18.0 or higher or Android 9.0 or higher.

Prefer another option? You can also add your card directly from digital banking with a few clicks. Simply log into your account online or in the PSECU mobile app, navigate to Cards (Manage Cards in the mobile app), and follow the prompts to complete the setup with Apple Pay®, Google Pay™, or Samsung Pay®.

2. Security You Can Trust

Mobile wallet payments don’t reveal your credit or debit card numbers. Instead, transactions are encrypted, tokenized, or both, which means the transaction data is useless to a hacker.

3. Contactless Payments

No swiping or inserting your card. No touching a PIN pad. Just tap your phone or smartwatch at checkout and go. Yes, it’s that simple.

4. Faster Checkout

Don’t worry about fumbling through your wallet for a card. Keep things moving through checkout with just a tap to save time and make your everyday purchases faster and easier.

5. Keep Multiple Cards in One Place

Your mobile wallet can store more than just one card. You can add multiple debit cards, credit cards, gift cards, even event tickets or transit cards, and choose which to use right from your phone. It keeps everything organized without carrying a full physical wallet.

Make the Most of Every Tap

No matter which PSECU card you use, adding it to your mobile wallet makes everyday spending easier. Our Classic Card is a smart choice for everyday purchases, with a low purchase APR¹ that’s nearly half the national average². And if you’re using the Founder’s Rewards Card, every tap can help you earn cash rewards on purchases³ you’re already making.

Apple Pay® Google Pay™ Samsung Pay®: Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android Pay, Google Pay, and the Google Play logo are trademarks of Google Inc. Samsung Pay is a trademark of Samsung Electronics Co. Ltd. 

1 APR denotes Annual Percentage Rate. Rates, terms, and conditions are subject to change. Please see the Visa® Classic, Visa® Alumni Classic, and Secured Visa® Credit Card Account Opening Disclosure and the Visa® Classic, Visa® Alumni Classic, and Secured Visa® Consumer Credit Card Agreement and Disclosure for full terms and conditions. https://www.psecu.com/-/media/files/pdf/credit-services/3907.pdf
2 Visit https://www.lendingtree.com/credit-cards/average-credit-card-interest-rate-in-america to see today’s latest rates.
3 Some exclusions may apply. See the Visa^® Founder's Card and Visa^® Alumni Rewards Card Rewards Program Terms and Conditions for full details.

The content provided in this publication is for informational purposes only. Nothing stated is to be construed as financial or legal advice. Some products not offered by PSECU. PSECU does not endorse any third parties, including, but not limited to, referenced individuals, companies, organizations, products, blogs, or websites. PSECU does not warrant any advice provided by third parties. PSECU does not guarantee the accuracy or completeness of the information provided by third parties. PSECU recommends that you seek the advice of a qualified financial, tax, legal, or other professional if you have questions.

By: PSECU