We live in a world obsessed with technology and convenience. Our smart phones are the epitome of this. Since we do nearly everything with our smart phones, turning them into mobile wallets seems fitting. Chick-fil-A is the latest business to jump on board mobile payments, offering customers the option to pay for meals through a special app and scanner. Chick-fil-A is certainly not the first to do this, and will likely not be the last either.

With Starbucks’ success with their mobile payment app, it’s only a matter of time that more and more companies will jump on board. While there are obvious security concerns, the benefits seem to outweigh these issues.

With the Chick-fil-A app, you must download the app to your phone and create an account. You then add money to the account via a credit card. Since you’re not directly paying from one of your personal finance accounts, and more credit cards offer fraud protection, you’re covered should a security breach occur.

By not having to carry multiple debit and credit cards the chances of them being lost or stolen are decreased. However, this puts more value on your cell phone. In order to protect yourself and your personal information, utilizing a strong password to unlock your phone is a smart choice. Your password acts as a smart security measure in the event your phone is lost or stolen.

Mobile payments allow for easy and simple payments from any location and can also significantly cut wait times.  By ordering and paying ahead, simply walking in to pick up your order can help you navigate through your day much easier. Also, remote payment for certain bills, for example, can save you a trip to the store or branch. This can also help to eliminate late fees, as you can set a reminder on your phone and pay right then and there.

Exclusive incentives only accessible through these apps add to their growing popularity. If you can get special perks by using an app, most people will take a minute to download the app and use it. As much as our society loves convenience, added perks act as the icing on the cake.

We would love to hear from you. Do you use any apps for mobile payments? Do you maintain a mobile wallet? Why do you or don’t you use these apps? Share with us on Twitter, Facebook, or Google+.

For business communications and phone systems, visit Startechtel.com. Call us at 1-800-564-8045 – we are always happy to help.

 

 

 

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