by
Stacy Wise
| Dec 14, 2022
Benefits of Adding the MNB Debit Card to Your Mobile Wallet
Written by Andrea Klinedinst, Compliance Assistant
Did you know MNB debit and credit cards are compatible with mobile wallet? Once you add your card to your mobile wallet, you can start making quick and secure payments today.
What is a mobile wallet?
A mobile wallet is a secure way to pay with your smart device rather than using your physical debit or credit card.
Benefits of using a mobile wallet
- Adds extra security – When you enter your card into your mobile wallet, it assigns your card a unique device account number that is encrypted and stored in your mobile wallet. This way, your actual debit or credit card number is not stored on your phone, and when you make a purchase, it is never transmitted or shared with merchants; only your unique device account number and transaction-specific security code are used.
- Saves time – When it’s time to make a purchase in store, you simply hold your device up to the merchant terminal and verify your identity with the security measures you have in place on your phone, e.g. PIN, fingerprint, facial recognition, etc., to complete the transaction. Also, for some online purchases, you don’t have to worry about typing in your card number, you can simply use your mobile wallet.
- Provides convenience – Not only can you save time, but you can also save space by adding your cards into your mobile wallet rather than your physical wallet. Some mobile wallets will even allow you to add your rewards/loyalty cards, gift cards, and digital coupons. When you add these to your mobile wallet, you have everything in once place and won’t have to search your wallet at the register. You will also be able to keep your physical card in your wallet which can reduce the risk of loss, theft, and fraud.
How can you get started?
Our MNB MasterCard® debit cards and Visa® credit cards are mobile wallet compatible, and you just need to add your card to the mobile wallet on your phone.
Debit Card Compatibility:
- Apple Pay™
- Google Pay™
- Samsung Pay™
- Fitbit Pay™
- Garmin Pay™
Credit Card Compatibility:
- Apple Pay™
- Google Pay™
-
Samsung Pay™
If you have any questions about the mobile wallet, give us a call at 877-647-5050 or stop by one of our banking centers today!