Cash used to be king in the past, but it is no longer in vogue, and it has become considerably old hat. Instead, it has been supplanted by a more modern payment method – e-wallets.
These digital payments are eminently more convenient, as people can pay for goods and services without having to stop at an ATM for cash, and payments can be processed quickly.
There are plenty of advantages associated with using e-wallets, whether it be paying for everyday goods at a supermarket or for making invoices to other businesses.
And so now is the time to join the e-wallet evolution, so with that said, let’s look at some of the most popular e-wallet payment options around, and how you can get involved.
All over the world, Apple Pay has surged in popularity. A clear example to illustrate its success is evident in Australia, whereby in 2020, nearly 6% of residents use Apple Pay.
You can also sync Apple Pay up with various devices, including iPhones, iPads, Apple Watch, or a Mac computer, and it can be triggered through fingerprint technology or Face ID, so when you are on the move, you just have to put up your phone up to the machine and double tap to process the payment.
PayPal is one of the longest running e-wallets. Revered worldwide, PayPal carries minimal transaction fees, if any, and it has installed some of the latest SSL (Secure Socket Layer) measures to keep users safe while they shop online.
Moreover, PayPal users can take advantage of buyer’s protection which gives them an added layer of security, so they are safeguarded while making payments, and their financial data won’t fall into the wrong hands.
Indeed, PayPal is known for its safety and efficiency. So, whether you’re using it to purchase products on eBay or using it to wager on casino sites, then you will find it’s a swift and safe way to make deposits and withdraw funds. For instance, thanks to PayPal, casino players will not only be able to tap into some of the best titles advertised at a casino; they will also be able to access some of the best promotions, which include free spins, and the most recommended sites such as LeoVegas will facilitate this as they are versatile when it comes to banking options.
Neteller is eminently new compared to some of the other e-wallets we have outlined, but it is hassle free to add money to your account, and there’s only a 1% fee applied should you wish to make a bank transfer.
With Neteller, you can also add it to your wallet on your iPhone device, so you can make more secure contactless payments. And it is also very versatile as you can use it on most accepted sites, and it has gained more exposure.
Similarly, Skrill is fast becoming a go-to option to make payments. While PayPal is the original undisputed king of e-wallets, with Skrill, users can enjoy great rates when they send money abroad, and it accepts over 40 countries.
You can also land some superb deals, such as £10 off your next transfer when you refer a friend to Skrill money transfer.
E-wallet payments have become the mainstay for banking, and they are generally hassle free to use. With more digital payment options available, consumers have more choices. While we have only highlighted a few, make sure you explore these and a few others to see why they are so highly ranked.