Friends With Money #27: Why paying for drinks with your mobile is safer than using a credit card
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COVID-19 has changed our spending behaviours - we moved from cash to cards and quickly to mobile payments.
Arun Devidas, the head of card issuing and acquiring at Bendigo Bank, joins Money managing editor Julia Newbould on the Friends With Money podcast, to talk about what mobile wallets are, the growth of mobile payments and their advantages over credit cards.tec
Plus, find out how can you prevent your children racking up big credit bills behind your back.
They also discuss:
- Why mobile wallet take-up was a slow burn
- Why initial account set-up is key to securing mobile payments
- And how mobile payments are increasing in popularity, particularly at bars and restaurants.
Listen on Apple Podcasts: https://apple.co/3mV0Cbr
Listen on Spotify: https://spoti.fi/3fSPI2h
Subscribe on YouTube for closed captions and transcripts: https://bit.ly/42VQFMY
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