The 10 Best Credit Card Payment Apps to Help You Save in 2022
Credit card payment apps are exploding in popularity and can help you save money in 2022 while making your credit card payments less of a hassle. These apps help to make paying off your credit card debt much easier, as well as help you track your spending and stay within your budget. Here are the top 10 best credit card payment apps for 2022, along with some customer reviews that will help you decide which app might be right for you.
1) Apple Pay
Apple Pay is a mobile payment platform, launched by Apple Inc. It allows users with an iPhone or Apple Watch and corresponding service provider participating banks, to pay for physical goods and services at certain merchants using their device. Users can use Touch ID on newer iOS devices such as iPhone XR, iPhone XS Max, and iPad Pro 12.9 along with Face ID for the newest iPad Pro 11 to authenticate a purchase. Alternatively, they can enter a passcode if their device does not have either biometric security feature enabled. Transactions are routed through the Secure Element hardware from which credit card data is never stored anywhere but on your device itself and is instead converted into unique codes that are used once for authorization purposes.
Over the past few years, people have been taking an increasing interest in mobile payments. According to a report from ABI Research, by 2022 mobile commerce will make up 40% of all point-of-sale transactions. For this reason, the best credit card payment apps are increasingly vital for anyone who prefers cashless transactions. Here are the top ten best credit card payment apps of 2022.
Venmo is an app designed for convenience that makes it easier for friends and family members to send and receive money from one another. A typical transfer requires two steps, but the process can be done in just one tap. Payments are sent through Venmo instantly, so there is no need to wait a few days before you’re able to use the funds. Plus, Venmo has gained popularity as a social media app, meaning you might also be able to use it as a money-saving tool by connecting with other users who want similar things and joining groups centered around specific hobbies. For example, if you are into hiking then maybe your group should consider joining an affiliate program that will give everyone 10% off on gear through their partnership with REI.
With PayPal, you can use your credit card, debit card, or bank account. Payments are typically processed the same day and are available the next business day if deposited before 5 PM Eastern time. PayPal offers a myriad of payment and withdrawal options for users globally. There’s even a PayPal Here service for merchants with brick-and-mortar stores who don’t have a physical credit card terminal that gives customers an easy way to purchase items by tapping their phone on the reader.
5) Google Wallet
Google Wallet is a mobile app that allows you to store credit cards, debit cards, gift cards, and other payment methods. The best part about the Google Wallet app is that it’s compatible with Android devices and iPhones. If you have the Google Wallet app downloaded on your phone and activated, whenever you’re ready to pay for something just select it from your list of wallets. The Google Wallet will then use near-field communication (NFC) technology to identify your purchase. Once you have a credit card or debit card added into your wallet, all of your purchases will be processed instantly without requiring any physical interaction from you and without having to sign a receipt no more getting out your wallet at checkout when paying with the Google Wallet app!
6) Facebook Messenger
It’s a fact of life that everyone pays for things using credit cards nowadays. You can’t buy anything without swiping your card or keying your payment information into an app on your phone. Sure, it can be convenient, but there are a lot of hidden costs. Fortunately for you, all is not lost. Check out this list of ten apps that will help you save money and reduce stress!
Zelle is an app available on iOS and Android that provides users with the ability to make quick and easy credit card payments. Zelle has been a popular choice for many Americans because it’s a fast, easy way of paying bills or making transactions without having to give out your credit card information. One of the best things about Zelle is how safe it is- every transaction goes through authentication from both parties before any money moves. So you never have to worry about someone trying to use your account if they get their hands on your phone!
8) Alexa Payments
Getting started with Alexa Pay on Amazon is easy. Once your bank account has been verified and you’ve enrolled as a cardholder, it takes only a few minutes for the process of adding your credit or debit card information to Alexa Pay. Setting up your monthly spending limits is even easier – when you tell Alexa what those limits are, she’ll prompt you if you’ve overspent during the day. And if there’s an emergency where your phone runs out of battery and data, don’t worry—you can still use Alexa’s voice capabilities to authorize purchases via voice!
9) VISA Checkout
VISA Checkout is one of the few card processing apps that lets you pay using any Visa credit or debit card. It also has PIN login capabilities, which offer a quick and secure checkout experience. In 2020, VISA Checkout reduced fraud by 19% with the introduction of tokenization. This prevents sensitive card data from being intercepted and helps ensure data remains safe with your bank. If you want to know more about how it works, click here!
Masterpass is a convenient and secure way to checkout on any website with just a few clicks. Use your Masterblock card or create an account using your email address and phone number for fast checkout that’s always one click away. Spend less time paying for items you want, not the ones you don’t, by filtering out unwanted offers at the point of sale so that only the products you want are offered. Track all your online purchases from a single location with the receipt management tool so you can stay on top of charges, never miss payments, and follow up if anything ever goes wrong. Keep everything safe by adding new devices with ease to keep them updated and synced—no more juggling passwords across devices or forgetting them!