Find a Quicker Way to Pay

Mobile wallets and online checkout options offer convenience and security.

By Navy Federal March 17, 2017

We’ve all been there: you’re waiting in line at the grocery store, and the person in front of you is slowly rummaging for the right credit card–or worse, pulls out a checkbook. As you stifle an internal groan, think positive: quicker payment options are here.

The way you pay is changing, in-store and online. Enhanced online checkouts now make it easier than ever to make online purchases. Here’s what you need to know about fast, secure payments at home or on the go.

Mobile Wallets

If you aren’t already using a Mobile Wallet,* now is a great time to start. Most merchants have been upgrading their payment systems to accept smart chip credit and debit cards. You’ll probably find that the merchants also enabled the technology behind Digital Wallets–near field communication (NFC). Apple Pay®, Google Pay and Samsung Pay® are a few popular Mobile Wallet choices, and all utilize NFC, making them a very secure way to pay.

How it works: Your mobile device placed close together with the payment system allows the two to securely communicate data. To get started:

  • Load your credit or debit card information into your device’s mobile wallet app.
  • When you make in-store purchases, look for the appropriate Mobile Wallet symbol at the credit card terminal.
  • Simply tap or hold your device at the terminal. You may be asked to scan your finger or enter a PIN to approve the transaction. That’s it!

You can use a mobile wallet for in-app or online purchases, too. Some also enable you to store gift cards, loyalty cards and coupons in addition to credit and debit cards.

Why it’s secure: Security measures vary depending on the mobile wallet. Many don’t show your full card number to the merchant. Apple®, for instance, generates a random, one-time-use code rather than transmitting your card number. For in-store purchases, because your payment method stays in your hands, you won’t reveal your name or security code, either. If you lose your phone, many devices enable you to lock it remotely or completely remove any personal information. All the Mobile Wallet options support tokenization of the card number, so you can be sure you’re paying securely.

Online Checkouts

How it works: Improved online checkout options like Visa Checkout, Google Pay and PayPal® make online payments more convenient by eliminating the hassle of re-entering personal information every time you shop.

  • Create a username and password, and enter your payment and shipment information once.
  • When you see the online checkout service you use as a payment option, click it and log in. All your payment and shipping details will be loaded automatically.
  • Submit your payment to authorize the transaction.

Why it’s secure: Many online checkouts offer fraud protection and liability coverage in addition to your credit or debit card protection features. Because you can log in from any device, it’s easy to disable a card and monitor transactions. You can also receive instant notifications of completed transactions.

In addition to the security features offered by these services, Navy Federal credit and debit cards always come with 24/7 fraud monitoring and zero liability protection from unauthorized transactions. And, when you use Mobile Banking,* you can set account alerts and view your transactions anytime, anywhere.

*Message and data rates may apply. Terms and Conditions are available. Apple® and Apple Pay® are trademarks of Apple, Inc., registered in the U.S. and other countries. Android is a trademark of Google LLC. Samsung Pay® is a registered trademark of Samsung Electronics Co., Ltd.

This article is intended to provide general information and shouldn't be considered legal, tax or financial advice. It's always a good idea to consult a tax or financial advisor for specific information on how certain laws apply to your situation and about your individual financial situation.