Earnity has moved forward over the past year with the development of well-positioned products and services to push cryptocurrency and decentralized finance (DeFi) ahead into the future. All because of the leadership of its executives, Dan Schatt, and Domenic Carosa, along with Earnity’s team of fintech veterans.
One of the ways Earnity’s Dan Schatt and Domenic Carosa plan to push crypto and DeFi forward is by driving growth through mobile payments. But before exploring the growing popularity of mobile payments, it is essential to discuss why mobile payments are more beneficial than traditional financial transactions.
Why Choose Mobile
There are many reasons people should opt for mobile payments instead of traditional payments. The most obvious reason is that mobile payments are faster and more convenient than their traditional counterparts. With mobile payments, you can tap your phone on a payment terminal to make a purchase. In addition, mobile payments effectively eliminate the need to fumble through your wallet or purse to find your credit or debit card or cash.
Another obvious advantage of mobile payments is that they are more secure than traditional payments. For example, credit and debit cards are vulnerable to theft and fraud, but mobile payments are much less likely to be compromised. Mobile payments rely on secure authentication technologies such as fingerprint scanning and facial recognition.
Mobile payments also offer greater flexibility than traditional payments. For example, you can use mobile payments to make online and in-store purchases, pay bills, send much-needed money to family and friends, and split checks.
Overall, there are some reasons why people should opt for mobile payments instead of traditional payments. Mobile payments are faster, convenient, and more secure than traditional methods. They also offer greater flexibility than traditional payments. So, if you’re looking for a more efficient and safer way to pay for things, then mobile payments are the way to go.