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-   -   Credit card or Mobile Payment ? (http://www.thefinanceforums.com/showthread.php?t=13223)

dhakal26 02-10-2018 01:21 AM

Credit card or Mobile Payment ?
 
Which one is best and why ?

ashrafgilani 02-19-2018 05:39 AM

Re: Credit card or Mobile Payment ?
 
I would go with Mobile payment unless there is an offer from banks for using their cards. Just like the other day I got an offer from Bbazaar.my for using AEON Shopping card. Mobile Payments are faster & safer to use.

ashrafgilani 02-19-2018 05:44 AM

Re: Credit card or Mobile Payment ?
 
I would go with Mobile payment unless there's an offer from respective banks for using their card. Just like the other day, I was offered a good deal for using AEON shopping card from Bbazaar.my. Mobile payments are faster, safer & they have saved me when I had forgotten to carry my card.

jane21august 03-08-2018 01:25 AM

Re: Credit card or Mobile Payment ?
 
Definitely, go with mobile payment. Mobile payments don’t require a big infrastructure to work. Mobile payments have a lot of advantages over cash and credit cards they haven’t been widely accepted by most consumers and merchants yet. People are sticking to cash and credit cards to make payments because with new technology come new fears.

SunnyMay 05-26-2018 06:36 AM

Re: Credit card or Mobile Payment ?
 
I use different payment methods. Recently I learned that dumps credit cards can be buy and saw service http://try2swipe.ws/. Do you have any thoughts on this?

GarageDoor 11-02-2018 08:41 AM

Re: Credit card or Mobile Payment ?
 
i think both credit card and mobile payment are good.

ethanscott 03-31-2019 11:49 PM

Re: Credit card or Mobile Payment ?
 
This one is a little hard to answer. Both credit card and mobile payment have their advantages as well as disadvantages. Let's consider them.

1) Mobile Payment

Advantages:
They offer the convenience of processing
You can better track of all your past transactions and inventory on your mobile screen
Increases the speed of customer check-outs
No processing fees

Disadvantages:
You need to have a smart-phone that has an NFC (Near Field Communication) to make the payment. Mobile payment won’t work for a normal cell phone.
In case you have a dead battery or facing any glitches with your phone, the transactions may not happen correctly

2) Credit card:

Advantages:
You can buy the desired commodity even if you do not currently have sufficient balance in your bank account.
You can spread out your purchases
Score rewards point on your bill payments. For example, CRED, exclusive members-only app, gives exclusive rewards on the payment of your credit card bill.

Disadvantages:
Sometimes credit card levy additional processing fees
If all the dues are not cleared on time, you can end up with a pile of credit card debt


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