Why You Should be Using the Pays

(From the Financial Literacy Blog) – Do you have a smartphone? Are you looking to simplify how you make payments? Apple Pay, Google Pay, and Samsung Pay are mobile wallet apps that allow you to conveniently make purchases with your phone. Here are a few reasons why you should take advantage of the Pays:

Increased Security

All data stored within the Pay apps are encrypted. That means all of your sensitive information like credit card and personal identification numbers aren’t transmitted while making a payment. Instead, random transaction codes that can’t be duplicated and rely on certain security features are used to authorize payments. The security features could be a password, fingerprint detection, or even facial-recognition technology. If someone were to steal your physical wallet, they would have immediate access to your cards. If someone were to steal your phone and attempt to make purchases with one of the Pays, they would be out of luck due to the security features.


When using one of the Pays, you can make your purchases quickly by tapping or holding your phone near a retailer’s checkout terminal. You don’t have to dig around your wallet or purse for your physical card. Additionally, the process is contactless. You don’t need to sign or enter a PIN when making a purchase. This is an especially attractive option for those looking to limit contact with others amid the COVID-19 pandemic. Also, along with debit and credit cards, the Pays can store loyalty cards and gifts cards. This allows you to keep everything in one place without cluttering your wallet or purse.

Awards Integration

When using your card, do you receive cash back or other rewards from your local credit union? If so, you’ll still receive those awards when using your card through Apple Pay, Google Pay, or Samsung Pay. For tips on using the Pays to maximize your rewards, read this article.

After considering all of these benefits, you will probably ask yourself why you’ve waited so long to download a Pays app on your mobile device. If you need help utilizing the Pays, reach out to your local credit union for assistance.