With so many ways to pay for goods - both online and in shops - you might be looking for a way to make things quicker and simpler.
A digital wallet could be right for you, but it's worth knowing the ins and outs before setting one up.
A digital wallet is an electronic device that stores all your payment details in one location, which can make it simpler and safer to make cashless purchases online and in-store.
Digital wallets can connect with traditional bank accounts and store your credit and debit card details, as well as your payment details for online payment systems such as Apple® or Google PayTM. If you’re an HSBC customer, you can add your HSBC card to Apple Pay, Samsung Pay and Google Pay.
It’s easy to set up a digital wallet. When you’ve chosen your preferred wallet provider, enter your payment information and the system will save it securely in one location.
If you want to use your digital wallet via your smartphone, which will allow you to make in-store contactless payments, you’ll need to have the relevant app.
Digital wallets can make payments easier, quicker and more secure. They provide:
Biometrics – or more simply put, Touch/Face ID – are a secure way to log on to your mobile device and apps like the HSBC US Mobile Banking App*.
Digital wallets use authentication and data encryption to protect your personal information, unlike a traditional wallet where someone can access your payment cards if they take it.
Mobile operating devices are better at protecting users from malicious software than desktop operating systems. But you should still take additional safety measures to keep your information safe when using a digital wallet.
These include:
Apple and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.
Google Pay is a trademark of Google LLC.
Samsung and Samsung Pay are trademarks or registered trademarks of Samsung Electronics Co., Ltd.
*Data rate charges from your service provider may apply. HSBC Bank USA, N.A. is not responsible for these charges. Camera-in device required to be able to utilize HSBC Mobile Check Deposit. Deposit amount limits may apply. HSBC Mobile Banking App is available for iPhone®, iPad®, AndroidTM devices and must be downloaded from the App StoreTM or Google PlayTM.