First Bank of Baldwin (FBB) Debit Cards* are now available to use with any of the following Mobile Wallets:
- Apple Pay
- Samsung Pay
- Google Pay
- Microsoft Wallet
- Fitbit Pay
- Garmin Fitpay
- Merchant Tokenization
Most smartphones come with a wallet app preloaded. Follow the easy steps on your device to add your FBB Debit Card.
*FINAL STEP: Once the card is added you will be prompted to contact the bank. Please call 800-499-4362 Ext. #247 or ask for Bookkeeping to complete activation of your card for use in your mobile wallet. Bookkeeping is available Monday-Friday 8:00am-5:00pm CST.
**Not all merchants accept Mobile Wallet payment.
What You Need to Know About Mobile Wallets
Before you load all your credit/debit cards on to your smart phone and leave your plastic at home, there are some mobile wallet basics you should know.
What is a mobile wallet? A mobile wallet is an app on your mobile device that stores payment information from a credit or debit card, and then allows you to use your device to make purchases. There are a number of different mobile wallets that are compatible with specific devices. Like a credit/debit card, your mobile wallet will only work at retailers that accept your device as a payment method. The major mobile wallets are Apple Pay, Google Pay and Samsung Pay. The apps come integrated in your mobile devices. There are also mobile wallets you can download from the app stores.
The main benefit of mobile wallets is convenience. First, you can store all your payment card information in one place, so you don’t have to carry the cards with you. When ready to pay, open the app, touch your phone to the compatible reader next to a register, and you’re on your way. Mobile wallets are not limited to smart phones and can be loaded on to tablets and smartwatches.
Which mobile wallet should you choose? While there aren’t many mobile wallet choices, there are some options to keep in mind. First, not every mobile device is compatible with mobile wallet technology. If you have an older device, you may have to check with the manufacturer. Also, which device you own will limit which integrated wallet you can use. IPhones have Apple Pay. Android phones have Google Pay. Samsung phones have Samsung Pay. The mobile wallets that come with your devices generally take fewer steps to use and offer a quicker transaction experience.
How do you set up a mobile wallet? Once you choose the mobile wallet you want, setting it up is easy. Basically, you open the app and add the information for each card you want to store in the wallet. Keep in mind that even though you may load up all your credit cards into your mobile wallet, only one of them will be your default payment option. That card will be the one that is used to process a purchase. If you want to use a different card, you will have to change the default card before you make the transaction.
Are mobile wallets secure? Unlike cash, which can be stolen, and credit cards, which can be copied, the card information you load into a mobile wallet is encrypted. In order to make a payment, you have to unlock your device and also type the pass code or use your fingerprint to unlock the mobile wallet. To reduce your risk of fraudulent charges if your device is lost or stolen, make sure to set a strong pass code and enable fingerprint authentication to lock your device once you enable a wallet.
Excerpts from US News article written by Steven Abrams published March 16, 2018