Apps for digital wallets

Although mobile payments are not quite mainstream yet, anyone with a bit of future technology sense can confirm that this is the direction we’re heading towards. To put it more simply, our wallets will go digital.

It’s no news to anyone that wallets become, at times, increasingly uncomfortable as they contain up to a dozen cards: ID cards, insurance cards, credit cards, debit cards alongside other miscellaneous objects.

App developers are also aware of this as they struggle to offer users a secure and easy-to-use application that performs mobile payments, aid the user organize his financial situation and other money-related issues.

Loop company offers you a device that scans and then transfers and stores your credit card information into a secure app directly on your device. The device then acts both as a credit reader and as a payment solution, Loop company guaranteeing that 90% of the current card readers are able to recognize it.

The LifeLock Wallet App helps you maintain a digital wallet by scanning credit cards, debit cards, membership cards and any other type of card. In addition to storing payment information in the app, the user can also keep track of account balances and spending.

Another very useful app that relieves us of carrying tens of receipts is Expensify. The app simply lets you take a photo of the bill or receipt, saves it and then converts it to a digital file.