If you have at least one smart device (and we bet you do) then it won’t be long until you come across a digital wallet app while browsing through Apple or Google Play store, looking for a cool app to download next.
Digital wallets have been around for a while now. With the advances in the digital payment technology, they’ve become synonyms for financial convenience as they enable us to make all of our transactions quickly, efficiently, and on the go.
One such app, and a member of our .ME tribe is Chkout.ME – an e-wallet app that will make your digital payments hassle-free.
What is a Digital Wallet?
As the name already suggests, a digital wallet is a highly efficient method of electronic payment that makes it possible to purchase various goods and services both online and in your regular brick-and-mortar store, by simply using your mobile phone.
A digital wallet may also store an array of items typical for a traditional wallet, such as your driver’s license, transportation tickets, gift cards, and similar things that might come in handy.
How To Use It?
Although digital wallet software can be installed on your personal computer, or even used as a physical payment device, the most popular way of housing it is through a specifically designed smartphone app. The reason for this is quite obvious – such a version of the digital wallet is the most flexible and easiest to use when you’re on the go.
And it seems that we are always on the go.
So, to be able to take full advantage of this mobile way of payment, all you need to do is download and install a trusted and reliable digital wallet app, such as Chkout.ME, straight on your smartphone. Then you simply create an account and transfer money from your credit cards to your brand new digital wallet.
The next step would be to find out which POS (point of sale) system terminals are compatible with your digital wallet and then just hold your phone near the terminal to make a purchase. At least this is the case for the majority of digital wallet apps out there.
But not with Chkout.ME! The great thing about this app is that all your in-store, online, and in-app payments are done using QR code technology, making your digital payments even easier!
What is a QR Code?
QR (quick response) code is a two-dimensional code, made out of pixelated, uniquely patterned black and white squares that can be read by devices such as POS terminals and mobile phone cameras.
Since they can communicate different types of information, no wonder their usage is gaining steam – a large number of companies use QR codes for marketing and promotions, as a merchandise tracking system, as a means to provide additional information about their goods or services, or as an increasingly popular “Scan & Pay” cashless payment method.
How do QR Payments Function?
The idea behind QR payments is quite simple actually – each product needs to have a dedicated QR code that enables a user to scan it in order to make a purchase.
The only thing you’ll need to process a QR code is a smart device that has a built-in camera, which means that your trusted iOS or Android smartphone should get you covered. Just open your digital wallet app, turn your camera on and hold it near the code, no matter whether it’s displayed on the product itself, the website, invoice, bill, or the retailer’s app. Your smartphone software will immediately recognize it and you’ll get a push notification prompting you to finish the relevant operation and confirm the payment.
And that’s about it – once you scan a QR code, you can make a direct payment via your chosen online digital payment app.
Chkout.ME app allows you to use QR code technology to pay for products purchased at their partner stores, to make an in-app payment to your service providers, and add different credit cards that enable you to transfer your money to your digital wallet, making the whole payment process faster, simpler, and more efficient.
What are the Benefits of Using Chkout.ME?
There are three main advantages of using a digital wallet app such as chkout.me – it’s convenient, easy to use, and secure.
The best thing about a digital wallet is that you can make a payment anywhere, anytime, in just a few taps of your finger and without the need to use any special equipment. Forget about rummaging through your traditional wallet, digging for the right card or mistakenly reaching for errant receipts while looking for cash. You can finally leave those pesky situations in the past, where they belong.
Ease of Use
With a digital wallet app, you don’t have to fill in any forms or enter your personal details and information with every purchase. Once you download the app and make an account, you’re instantly identified as soon as you scan the code. The whole shopping process is streamlined and all transactions are made in a matter of seconds, which allows the users to shop faster than ever.
Let’s face it – digital payments are taking over as we speak. The reason?
With digital wallets, the whole process can be faster and more secure and efficient. What’s more, such payment method spares you all the fumbling with cash, checks, credit cards, receipts, and other items that seem to just pile up until there’s no more room in our wallets.
So, why not give Chkout.ME a go?