Whether you are looking to send money to a friend or family member, pay for goods or services online, or simply store your hard-earned cash, you need a payment wallet that is secure. Naturally, with so many choices on the market, it can be tough to know which one to choose.
That is why we have done the legwork for you and compiled a list of the five most secure payment wallets for iOS devices. Without further ado, let’s take a look at the five that we have identified below.
Apple Pay
If you are an iPhone user, then you might want to consider using Apple Pay as your payment wallet. This platform uses multiple layers of security, including Touch ID, Face ID, PIN code protection, and more. In addition, Apple Pay does not store your credit or debit card number on its servers, so your information remains safe and secure.
Surprisingly, Apply Pay has not been that well received by iPhone users, with a baffling number of just 6% of users opting to take advantage of the payment method. Crazy when you consider how safe and convenient it is.
Trustly
If security is your top priority when it comes to choosing a payment wallet, then you can not go wrong with Trustly. This Sweden-based company offers bank account-based transactions and takes security very seriously. Trustly uses multiple layers of security, including SSL encryption, two-factor authentication, and more. In addition, all of Trustly’s servers are located in Sweden, which has some of the strictest data privacy laws in the world.
It has become a really popular payment wallet for many who like to gamble online, too, as we have seen a number of players that have opted to use Trustly with casinos for its security when making transactions such as depositing and withdrawing any funds that they may have in their accounts.
PayPal
One of the most popular payment wallets on the market is PayPal. This platform offers buyer and seller protection on eligible transactions and uses industry-leading encryption technology to keep your information safe. PayPal also offers two-factor authentication for an added layer of security. PayPal is perhaps one of the most recognizable options on the market at the moment and millions of people continue to use it for everyday payments.
Cash App
Cash App is a popular mobile payment service that allows users to send and receive money quickly and easily. Cash App takes security seriously and offers multiple layers of protection, including transaction limits, Face ID or Touch ID verification, and more. Cash App also uses 256-bit AES encryption to keep your information safe and secure.
Venmo
Venmo is a mobile payment service that is owned by PayPal. Venmo allows users to send and receive money quickly and easily. Venmo uses industry-leading encryption technology to protect your information and offers buyers protection on eligible transactions. Venmo also offers two-factor authentication for an added layer of security.
When it comes to choosing a payment wallet, there are many factors to consider. But if security is your top priority, then you can not go wrong with any of the five payment wallets on our list. Trustly, PayPal, Apple Pay, Cash App, and Venmo are all leaders in the industry when it comes to security features and protections. So no matter which one you choose, you can rest assured knowing that your information is safe and secure.