Sometimes we forget our wallets at home, and sometimes we simply don't want to carry them around. Digital wallets make it so we don't have to worry about that anymore! By having a digital wallet app, like Apple Pay, Google Pay, and Samsung Pay on your phone, you can make extremely easy and secure purchases by simply placing your phone by the terminal.
Apple Pay is the digital wallet used for Apple devices. You can use Apple Pay for in-store and online purchases with the touch of a finger. Setting it up is easy! Click the App Store icon below, or find the wallet app on your device.
Click here for a quick overview of Apple Pay, and for more instructions on how to set it up!
Google Pay is the digital wallet used on most Android devices. Make purchases in-store and online by keeping your debit card information in one safe place. To download Google Pay, simply click the Google Play icon below and search Google Pay.
Click here for a quick overview of Google Pay.
Samsung Pay is the digital wallet used on most Samsung devices. Samsung users can also use Google Pay. You can use Samsung Pay or Google Pay to make purchases by simply using your mobile device. To download Samsung Pay, click on the Google Play icon below, or find it in your app store.
Click here for a quick overview of Samsung Pay, and for more information on how to set it up!
Why Digital Wallets?
Digital Wallets conduct transactions via tokenization, and tokenization increases the security of our cards. When you add a card to a digital wallet it creates a randomly generated token to represent your card and banking information. This information is encrypted and when you then initiate a transaction it shares that token, not your card number. The merchant then shares the token with the card processor, the card processor passes the token to the issuer (that's us), who then decrypts the token and grants approval or denial for the transaction. What all this techno-jargon means is that when using tokenization via a digital wallet, you are never sharing your actual card information with the merchant. So in the case of a merchant compromise, we simply issue a new token, which causes zero impact to you, the member. Furthermore, if a fraudster were to gain access to your token, it is essentially useless for gaining your account information without the original key used to generate the token, which is safely housed on the Credit Union's servers.
Unlike physical cards, digital wallets are heavily encrypted, making it almost impossible to access a user’s financial information without a PIN, password, or fingerprint. And unlike physical cards, digital wallets can’t be snatched from your purse or wallet.
How do Digital Wallets Work?
Digital wallets use Near Field Communication (NFC), which allows electronic devices to communicate wirelessly with each other when they are near/within each other's field of communication. Any terminal or point of sale displaying the Apple Pay, Google Pay, Samsung Pay, or all digital wallet logos are capable of accepting digital wallets. If a merchant uses that logo, what they are actually saying is, "We accept NFC powered payments".
There is no charge to download the TRUE Community Credit Union app, but data and connectivity charges from your mobile service provider may apply. Please contact your mobile service provider for more information. Apple, the Apple logo, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. Google Play is a trademark of Google Inc.
TRUE Community Credit Union is not the provider of the payment solution within your Mobile Wallet, and we are not responsible for providing the Mobile Wallet service to you. TRUE Community is only responsible for supplying information securely to the Mobile Wallet provider to allow the usage of the Virtual Card within your Mobile Wallet. TRUE Community accepts no responsibility for any failure of the Mobile Wallet or the inability to use the Mobile Wallet to conduct transactions. We are not responsible for the performance or non-performance of the Mobile Wallet provider or any other third parties regarding any agreement you enter into with the Mobile Wallet provider or associated third-party relationships that may impact your use of the Mobile Wallet.