O2 Wallet app set to ‘transform mobile payments’
Say goodbye to cash and hello to easy mobile payment with the new O2 Wallet smartphone app.
Is O2 Wallet the future of electronic payments?
Available from today for all UK mobile phone owners, O2 Wallet is a mobile payment system that offers money messaging, shopping comparison and promises an end to carrying a wallet or purse around with you.
The O2 Wallet app lets you add debit and credit cards and has a pre-pay “money messaging” system. You can also send money to contacts who will need to be signed up for O2 Wallet to be able to move the money to their accounts. It even helps you shop with deals and comparisons from over 100 retailers, including Tesco.
James Le Brocq, Managing Director at O2 Money, said: “O2 Wallet delivers the benefits of mobile money to more UK consumers than any other product or service currently available. With O2 Wallet it’s easier to transfer money, track expenditure and pay swiftly and securely, all using your mobile. We believe it will transform the way people manage their finances and spend money.”
Security is obviously a major consideration so no card details are stored on the phone, ensuring your details are kept private and safe. As James Le Brocq explained: “We recognise that security is absolutely key. O2 Wallet has been trialled internally for months and has undergone extensive ‘stress-testing’ with security experts. In addition to PINs and passwords, all personal details and financial data are held on remote central servers rather than on the mobile device itself.”
O2 Wallet works with all Apple iOS, Android and BlackBerry OS 6 devices and is available from all the main app stores. The only missing major player is the Microsoft Windows Phone platform, which O2 says is in the works along with tablet editions.
O2 Guru TV’s How to download and register the O2 Wallet App video will show you how to get started, and once you’re up and running there are plenty more tips on there too.
Visit O2 for more details.
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