Mobile payment apps and tools have eliminated the use of paper cash and all the receipts you had to deal with. Moreover, some of the most common digital wallets let you add a debit card and credit card so pay with just a tap. They come with high encrypted technology so you can be sure that the sensitive data and your finances are always safe.
If you are in Canada, you may have a number of top digital wallets to consider before you choose one. However, it is important to note that at the end of the discussion, you may not have a clear winner. It all depends on what you are expecting from the mobile wallet app, the device that you are using, the type of cards you own, etc. Also, note that some of the giant services like Zelle or Cash App have not come to Canada yet, but there are reliable alternatives as well. Let’s take a look!
Google Pay
Google made its impactful entry into the world of mobile payment and has been giving tough competition to others like Apple Pay or Samsung Pay. Google Pay is compatible with NFC terminal, can be downloaded easily on a long list of devices, and supports a number of gift cards.
The best part about Google Pay is that it supports loyalty programs as well. You can even use it with compatible smartwatches, and the security features are quite satisfactory.
Apple Pay
Majority of the retailers in Canada now accept Apple Pay. You just have to download the app and connect your debit cards or credit cards to the Apple Wallet to begin payments. Keep in mind that you must authorize the cards through a mobile banking app to ensure there are no issues with the transactions.
Apple Pay is protected by Passcode or Touch/Face verification. You would need to provide authentication every time you have to make a transaction. All in all, Apple Pay platform is highly secured and widely available across Canada.
Samsung Pay
Samsung also has a virtual wallet for you. In fact, it is more swift than the other two options, given that it is compatible with any payment system that accepts credit cards, even if that means you are working with a machine that is not NFC-enabled.
Moreover, Samsung Pay is widely supported by Canadian financial institutes and offers to work with different loyalty reward programs and gift cards as well. Some customers have pointed out that they may be glitched when used with NFC terminals, but that’s about it.
As you can see, there are more than just a few options in the Canadian market. Now, which digital wallet you should choose depends on several factors. In any case, you should not compromise on the safety of your transactions, as well as the app’s ability to work with a range of debit cards and credit cards for the best experience.