Introducing The Mobile Wallet

Introducing The Mobile Wallet


What is a mobile wallet?

It’s a new way to pay! A mobile wallet is a way to carry your debit or credit card in a digital format on your mobile device. Instead of using your physical plastic card to make purchases, you can pay with your smartphone, tablet or smartwatch.

Why use a mobile wallet?

Mobile wallets offer the convenience of making quick purchases in mobile apps, as there is no need to enter your card information since it is already stored within the mobile wallet. Purchasing in-store is also easier – it’s fast and all you need to do is hold up your device to pay. Lastly, many wallets and cards offer rewards and discounts if you pay using your mobile wallet.

How do mobile wallets work?

  1. Check to see if the mobile wallet app is pre-downloaded on your mobile device. If not, download the mobile wallet app.
  2. Add your debit or credit card information to the mobile wallet.
  3. When you check out at participating merchants, access the mobile wallet and choose your card.

Are mobile wallets secure?

Yes! Mobile wallets utilize a virtual account number so that your card details stay safe. Your mobile device sends a unique, one-time passcode to the merchant’s terminal that doesn’t contain actual card information, like your name or card number.

First International Bank & Trust
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