May 21, 2015
Embrace the Power of Money on the Go
Gone are the days that cold hard cash in your wallet and clinking coins in your purse were the only ways to pay for things. These days, it’s all about electronics and digital transfer of cash flow. That means that you have to pay special attention to four particular categories – ATM technology, iPhone (or mobile) technology, PayPal technology, and banking technology.
Essentially, as long as you have secure methods of transferring funds, and you’re very careful to make sure that you have enough in these accounts to effectively meet all of your transaction needs, you should be good to go.
Though ATM technology is not quite as prevalent as it used to be, it’s still very important. Researching ATM technology will show you that the machines are still very convenient for people who want to get cash fast, check their bank account balances, deposit checks, or otherwise check into the electronic banking funds. It’s always good to know where the closest ATM is to your home or office as well, just in case there’s any type of quick emergency where no other option will cut it.
iPhone and other mobile technology is becoming very interesting when it comes to electronic payment types. If you have installed Apple Pay on your phone, you can simply hold the device close to the payment equipment at many different types of stores now and it will take care of you payment immediately. Though people are still getting used to that particular workflow, the idea is catching on, and more people are taking advantage of the efficiency and speed of those types of transfers.
PayPal has been around for a long time, but keeps getting better. Once you have signed up for a PayPal account, you can then do immediate transfers between your PayPal account and someone else’s, and this includes both businesses and people. It’s a great way to transfer money. The only thing that you have to be sure of is that if you need to get money from PayPal to your bank, it can occasionally take a few business days to make that happen.
Banking technology also makes paying on the go easy. This is typically going to be either through debit cards or credit cards, and you might be surprised the difference between the two if you do you research. There are plenty of security features available as well to make sure you don’t run into any banking fraud, so your money is more well-protected now, automatically, than it ever has been in the past. Still, it’s good practice to make sure that you check that your charges are all correct on at least a weekly basis.