Banknotes

Tips for non-techies to make the change to a digital wallet

By: Derek Tranel, Retail Service Manager-SBCP Verona

We’ve all been there….that moment when you realize you left your wallet in your other pants. Or the times you wish you didn’t have to carry your whole purse.

There’s definitely a convenience factor to digital payments using your smart phone, but did you know that it’s also a safer option in most cases?

By: Julie Zeimet, Deposit Operations Officer

There are many things to think about financially when sending a child off to college:

• Saving for college
• Loans
• Scholarships (#fingerscrossed)
• Filling out the FAFSA (financial aid)

However, one piece of the financial puzzle that often gets overlooked is how you will quickly and easily send money to your child when they are away from home – and their home bank.

One easy solution is a digital payment tool called Popmoney®.

Paying for stuff?  There’s an app for that…of course!

You may have heard that your smartphone now has the capability to serve as a payment device, reducing your need to carry a wallet or purse with you everywhere you go.

The two big questions?

1. Why would I want to use my smartphone to pay for stuff?
2. How do I make that happen?

Apple Pay, the safer way to pay. When you make a purchase, Apple Pay uses a device-specific number and unique transaction code. So your card number is never stored on your device or our servers, and when you pay, your card numbers are never shared by Apple with merchants.

Used with permission from Security Card Services.

The mobile revolution is affecting consumers across the board, but its impact is especially evident among younger consumers. They are embracing mobile technology – and in many ways, they are leading that revolution.

Tips for using your phone at checkout:

Data breaches have become big news, with large retailers getting hacked for customer information like credit card numbers.

The good news is that thanks to new technologies like credit card chip readers and payment apps on your smart phone, your credit card information is safer than ever.

The real concern for many people: How do you use all this stuff???