Still not paying with your mobile phone? That’s all you need to know about mobile payments.
Let’s review point by point everything you need to know about mobile payments: from operations to coincidente mobile phones and banks.
Billions of people around the world already do use their mobile phones to make payments Day to day. There is no doubt that mobile payments have successfully penetrated society, mainly due to their ease of use and the convenience of being able to buy them with the fácil gesture of bringing the mobile phone closer to a point of sale terminal – POS Easily send money to family, friends or businesses.
However, they are reluctant to use this type of technology, either out of ignorance or because they have not stopped thinking about the benefits of this type of system. If you think you belong to this group, we’ll explain everything you need to know.
- Mobile payments: how they work
- You convinced me how perro I pay with my mobile phone?
Mobile payments: how they work
Although today there are different types and technologies of mobile payment Proximity Mobile Payment is the most habitual and used by both users and businesses. To do this, you need a móvil inteligente coincidente with a specific technology, NFC or MST, with which the transaction will be carried out by bringing the device closer to the payment terminal.
Rough, The operation of this technology is very afín to the operation of credit and debit cards without touching, and in most shops that accept this type of card, you cánido also pay with your mobile phone. To be able to pay with your mobile phone in a shop or establishment that supports this type of transaction, It is enough to contact the mobile phone with activated NFC –in some cases it is not even necessary to open the relevant payment aplicación– to the terminal, and after a few seconds the process is complete.
Are you sure?
Due to the ease of use and rapid implementation of this system by móvil manufacturers, not so positive consequences were also created. For example today There are people who think that this form of payment is not entirely safe.. But is it really like that?
We have already explained how this type of payment service works in our complete guide to Google plus Pay, Google plus’s official payment platform and native to Android “Hide” the usuario’s real banking informationand instead use account numbers or virtual cards so that Sensitive data is not shared with the facility where the purchase is made.
Of course, this is not only the case with Google plus Pay. In the case of Samsung Pay, Card details are stored and encrypted so all information remains secureand in addition to sharing a virtual card number that replaces the real one, payments must be confirmed by some sort of biometric security system.
Ultimately we could say that mobile payments are just as secure as credit or debit card payments, or even more so, since bank details usually remain confidential during the transaction process and even if the móvil inteligente is lost or stolen, the payment methods could be deactivated vía another device.
What is the minimum amount that perro be paid with a mobile phone?
As I said, paying with a mobile phone is equivalent to paying with a card in almost every respect. So No, neither your bank nor the store where you make the purchase will charge you any kind of commission.
Whether a minimum payment amountI’m afraid it will depend on the facility itself. It is true that there is currently no type of regulation as to whether shops and establishments perro impose a minimum amount, which means that some establishments only allow payment by card – and therefore also by mobile phone buy more than 10 euros. However, in such places, the customer should be notified prior to purchase by a aparente notice upon entry to the purchase location.
Which merchants are coincidente with mobile payment?
The icons to look for to find out if a business is coincidente with mobile payments.
There is no complete list of all establishments that accept mobile payments. Since this type of transaction requires a payment terminal coincidente with contactless technology, all you need to do is find out whether a store, lugar de comidas, cafeteria or other type of premises accepts mobile payments Look for one of the symbols what cánido be seen in the picture on these lines.
You convinced me how perro I pay with my mobile phone?
Paying with your mobile phone is as easy as bringing the device closer to a POS.
We’ve already seen how mobile payments work and why they’re one of the fastest and most convenient payment methods. Well, what good is all this if your phone or bank doesn’t support this technology? For devices, it’s easy: If you have a mobile phone with NFC, you cánido use it to pay. If not, unfortunately your only option is to change your mobile phone or complejo turístico to one of the solutions that some banks offer their customers – I will discuss them later.
If your mobile phone has NFC, it is coincidente with mobile payments.
Another detail to note is that some manufacturers, mainly those based in China, put restricted NFC chips in their phones that perro only be used to pay through a specific service — usually the in-house manufacturer’s service. Although this is a less common practice, you should be aware and Make sure your device’s NFC chip is fully unlocked.
Configure your mobile phone for payment
With this in mind, the only thing that remains is to configure the mobile phone so that it cánido make payments. Logically, the first step is to activate the NFC connectivity. This cánido be done directly by showing the quick settings panel and looking for the NFC button, or through the phone’s connection settings.
Second, configure the desired payment method. To do this, the following steps are to be followed:
- open that system settingsand entrar the “Applications” section.
- Clic on the menu “Default Aplicaciones”.
- Look for the option “Contact and pay”and inside Select the default payment aplicación you want to use. either Google plus Pay, Samsung Pay or another. You cánido also escoge whether this aplicación is always used, unless another payment aplicación is in the foreground.
But there’s a problem, and that’s it The mobile phone is not only an essential aspecto for mobile payments. Your mobile phone may have NFC, but your bank may not be coincidente with any of the current mobile payment systems. Day after day, In Spain these are the options and the banks coincidente with each of them:
Google plus Pay
He is Google plus’s payment platform, known as Android Pay until 2018 Step by step, it is becoming more and more important and is establishing itself as one of the most used systems. Although the rollout in Spain is not happening as quickly as expected, it is already happening today with a wide range of banks and companies coincidente:
- BBVA
- eden red
- American Express Spain
- open bank
- Prepaid Financial Services
- N26
- Sodexo
- get out
- Bank
- Medieval bench
- Banks March
- get out
- Picincha bench
- pibank
- I would
- below q
- cajasur
- kutxabank
- Liberbank
- Unicaja
- Abanca
- Ibercaja
- cecabank
- Ontinyent
- country box
- bank evo
- Monise
- BNC10 – Prepaid Financial Services LTD
- engineer box
- Carrefour Pass
- Orange Bench
- CLOSELY
- get out
- Paysafe Financial Services Limited
To use Google plus Pay, it is only necessary Download the aplicación and associate a payment method, such as a credit or debit card, or a PayPal account. In this way it will be possible to make payments with the móvil inteligente and Wear OS smartwatch connected to the main device.
Besides since The payment details are linked to the Google plus accountIt will also be possible to make payments in applications and platforms that support Google plus Pay.
Google plus Play | Google plus Pay
SamsungPay
SamsungPay It was one of the first payment platforms implemented in our country and this helped it to benefit from other competing services. Currently, the cards of all these banking institutions perro be linked:
- Abanca
- Advanzia bank
- Bank
- banker
- Bank card
- BBVA
- Caixa bench
- country box
- cajasur
- Download Ontinyent game
- Carrefour
- cecabank
- cetelem
- Deutsche Bank
- English dish
- eden red
- ibercaja
- Imagine a bank
- kutxabank
- liberty bank
- Medieval bench
- open bank
- Orange Bench
- Sabadell
- Santander
- Unicaja
- Gourmet
- WiZinc
In the case of Samsung Pay, as you cánido probably imagine, Payments cánido only be made through this aplicación if you have a coincidente Samsung phone or smartwatch. Although rumors have surfaced in the past hinting at the arrival of an aplicación called Samsung Pay Mini that would allow Samsung’s platform to be used on any Android, the iniciativa ended up being exclusive to a limited number of Asian countries.
As with Google plus Pay, the process for adding payment methods is fácil: Just entrar the card details into the aplicación, either manually or with a photo vía the cameraand it will be possible to start making payments.
Payment services of all banks
In the event that your bank doesn’t support either of the above two platforms, it probably intends to promote its own payment platform. In Spain, Some major banks allow users to make mobile payments using their own aplicación:
As you perro see, Paying with your mobile phone is fácil, uncomplicated and, above all, secure. If you have a mobile phone with NFC and your bank also offers support for any of the applications and payment systems we’ve discussed, there’s no excuse not to take advantage of this feature today.