Your UCU Debit Card can now be added to the mobile
wallet feature on Apple, Google and Samsung smartphones.
If you carry a smartphone with you then you are also carrying
a mobile wallet. A mobile wallet is a fast,
convenient and more secure way to pay with your debit or credit card using your
smartphone.
What is a Mobile
Wallet?
A mobile
wallet is a digital version of a traditional physical wallet.
It is an app on your smartphone, tablet and smartwatch that digitally stores your
debit or credit card information.
Once the payment card information is added to your
mobile wallet - you can use your smartphone, tablet or smartwatch to pay for purchases
made in-store, through mobile apps, or on e-commerce websites.
How to add a card
to your Mobile Wallet?
You can easily add your debit card to a smartphone’s
mobile wallet. Each large smartphone brand has its own mobile wallet which
comes as a built-in feature. Apple phones have Apple Pay, Samsung phones have
Samsung Pay and Google phones have Google Pay.
Open the mobile wallet app on your phone and add your
debit card information. It’s that easy.
Add your UCU Debit Card to Apple Pay
Add your UCU Debit Card to Google Pay
Add your UCU Debit Card to Samsung Pay
How does a
Mobile Wallet work?
Mobile wallets use tokenization – a technology that
assigns a different virtual account number, or token, to your card with each
transaction. Your actual debit card number and sensitive information are not
shared with a merchant or sent over the internet.
Mobile wallets use NFC – Near Field Communication – to
transmit data. The merchant’s credit card reader must be equipped with NFC
technology to use your mobile wallet.
Is a Mobile
Wallet safe to use?
Payments made using a mobile wallet have enhanced
security features.
Tokens -Your
debit card information is not stored on your smartphone or smartwatch. Instead,
each card is assigned a virtual card number that’s only associated with the
digital wallet on your device.
This means your actual debit card information is never given to
merchants or websites where you shop—adding another layer of security to the
transaction.
Authentication –
Depending on your phone type and setup – you can unlock your phone and
authorize payments using your fingerprint, passcode, face ID or even your iris
scan. This higher security threshold is not available on a physical debit card.
Enhanced authentication makes it more difficult for thieves to steal your
personal information.
Connection –
NFC connection is safer than a Wi-Fi connection. NFC has a range of a few centimetres
while Wi-Fi has a range of more than 45 metres. NFC makes it more difficult for
a thief to eavesdrop and intercept transaction data.
What are the
Benefits of Using a Mobile Wallet?
Convenience -
No need to fumble for your debit card, just pull out your phone and open the
mobile wallet app to pay for your purchase.
Contactless Payment – Just
hover your phone over the payment terminal to complete your transaction. No-touch
transaction means you avoid contact with money and the payment terminal keypad which
will keep your hands cleaner.
Safer Shopping
– Make simple and safe payments – more secure than your
physical debit card.
