Internet wallets with which to earn. Account Options


By Brian Voo in Mobile.

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Updated on June 13, This article is part of our "Mobile Payment Systems series" - where we take a look at how mobile technology is gearing towards a cashless society. Click here to see more articles in the same series Nowadays, we find ourselves carrying cold hard cash less and less because you can just as easily make your purchase with payment cards, and track your spending online.

Learn more about this payment method and how your small business can accept it. The use of mobile wallets is on the rise.

Certain payment or loyalty cards also let you earn rewards or entries to contests, but they do add up. They make your wallet unnecessarily thick and heavy. Perhaps it is time to swap the system again; this time, for something that you have always been carrying around: your smartphone.

The online wallet for money movers and makers

Digital wallets can help take you there. They are smartphone apps that hold your payment and loyalty card information.

Do E-Wallets Make Money? - A Look Into

Read more Google Wallet Instead of tapping your credit card on the NFC machine at the checkout counter, all you have to do is wave your smartphone or tap it on the machine to make your payments. For this to to work, Google Wallet requires Near Field Communication NFC technology available, which unfortunately is only available on certain smartphones and tablets.

Why You Need to Accept Mobile Wallets at Your SMB

You link your debit or credit card to your Google account and you can leave your wallet at home — but at the moment, it only works with phones and credit cards from the US and only in the US. You add passes through apps that support Passbook.

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So instead of bringing your grocery coupons and stack of loyalty cards wherever you go, you can store it in Passbook. You link your credit card to the app, but instead of paying directly with the credit card, it requires the use of merchant cards which is why Square works only with their list of merchants.

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As you visit these stores, you can also earn rewards and discounts on your next visit. You can also purchase in-store gift vouchers to be sent to other Square users.

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Chirpify Chirpify lets you use social media apps like Twitter and Instagram to buy, sell, send and receive money. You have to first register for an account on their website ; it uses PayPal to send or receive money.

15 Key Features That Make Your Mobile Wallet Stand Out

Chirpify users can also send money between friends or make donations via Twitter. Venmo Venmo is an app available for iOS and Android for transferring money between friends.

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Once you have an account, you can link a bank account, credit or debit card to it. It works similar to PayPal but only between two parties with Venmo accounts. Sending money is like writing an email to a friend, plus the amount you want to transfer.

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You can even share the transaction with a message on Facebook, Twitter or Foursquare. Access your main account via their websitebut make your transactions via your smartphone.

For the most people using online platforms this is a convenient way to make transactions in a safe, controlled and easy way, without bringing forward the cash or the credit card, all the time. What is ewallet? The e-wallet concept must be able to keep money in a digital ewallet account, to give you the options to transfer money between the e-wallet digital wallet and your bank account or the credit card. The payment lanscape has been much improved by these apps and it also benefits from top online technologies. They bring cutting edge procedures regarding money transfer and security, so there are a lot of pros for using these apps.

Venmo is a free app but only currently works with major US banks and phone numbers. PayPal Paypal is another famous service that can send money between other PayPal users and friends.

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Available for both iOS and Androidyou can easily send money to other users just like you would on the PayPal website.

It also allows you internet wallets with which to earn view your past transactions in detail.