The following was from a guest.
Technology helps people pay for products and services in new and interesting ways. The adaption of internet payment technology created payment services like PayPal, which partnered with Discover Financial Services to adapt in-store mobile applications, at various rates of success.
PayPal and Discover are counting on the popularity of mobile phone technology to make their new products a success across the United States. But the companies are struggling to convince Americans that the new in-store PayPal apps are in their best interests.
People are comfortable paying for items in-store using their credit cards, and are willing to apply for new cards rather than adjust to the PayPal Discover app. Interestingly enough, many Americans are comfortable using technological advancements to acquire new credit cards despite their reluctance to embrace the so-called ‘digital wallet.’
Online credit card comparison sites are relatively new concepts that are made possible through innovations in technology. These sites provide credit card terms, interest rates, potential rewards, and other information from multiple providers all in one convenient location.
This service is valuable for credit card applicants because it eliminates the hassle of traveling to a bank or creditor, and spending an extensive amount of time negotiating with the institution’s salespeople. Instead, you have all the necessary information from some of the country’s leading financial institutions at your fingertips, which allow you to select the best credit card rate and policies without outside influence. By spending a few minutes reviewing all offers from viable competitors, you can make sure you select the most affordable option possible to satisfy your unique needs.
Many people are comfortable using the internet to find affordable credit card offers, but there is still a long bridge to cross before PayPal’s in-store apps and the so-called digital wallet are accepted by the majority of Americans. Until then, make use of the accepted technology, and find new ways to save money on your credit cards.