Sentences with phrase «physical credit card»

Although mobile payments are more convenient and arguably more secure than carrying physical credit cards, both retailers and consumers remain wary.

«Wallaby is the first service that brings together a new combination of a flexible, cloud - based wallet and an intelligent, connected physical credit card that can be used at any location,» said Matthew Goldman, founder and CEO of Wallaby, in a statement.

However, Square is much better suited for retail businesses who want to be able to accept physical credit cards and sell merchandise.

Even those whose application is accepted immediately will not receive their physical credit card for anywhere between 7 and 14 days.

The magnetic stripe located on the back of a physical credit card that contains the account number, the cardholder's name, the expiration date, and the country code associated with the card.

A virtual card is the digital form of your physical credit card and has a unique card number that's stored within a digital wallet.

Once you enter your credit card details into the app, everything is taken care of; you don't need to worry about having cash and you don't even need to have your physical credit card on hand.

Citi Pay is designed to offer consumers a convenient alternative to paying with cash or a physical credit card.

Using a digital wallet at the point of sale is more secure than using your physical credit card.

That's because the relatively new «chip» payment method, adopted en mass in the States in 2015, is already one of the most secure ways to pay via a physical credit card.

Using the combination of a secure element, in this case a SIM card designed to store payment credentials and pass them, securely, to a payment terminal for which only the issuer has the key, a user can treat a touchless retail terminal the same way they would a physical credit card.