Bank of Richmondville now offers Digital Wallets!
Ask a Bank of Richmondville Customer Service Representative for more information or keep reading below!
What is a Digital Wallet?
A digital wallet is a piece of software or hardware that stores payment details in one secure location, making it easier to pay for goods or services, online or in-person.
How do I set up my Digital Wallet?
The process of setting up a digital wallet varies depending on which provider you decide to use. Bank of Richmondville currently supports the following digital wallets:
- Apple Wallet
- Google Wallet
- Samsung Wallet
Google Wallet can be used on any Android phone while Apple and Samsung Wallets are locked to their respective hardware (iPhones or Galaxy’s for example). Depending on which wallet you are using, see the links below for instructions on adding a card to your wallet.
Digital Wallet Safety Tips
To ensure the safety of your banking information and device we advise that you take the following precautions when using Digital Wallets.
· Secure your Device: Use strong passwords or biometrics (Face ID/ Fingerprint).
· Understand Tokenization: Digital wallets use tokenization, converting actual card numbers into random, unique, one-time codes. This protects your information from theft.
· Avoid Public Wi-Fi Networks: Never perform financial transactions over public Wi-Fi.
· Keep your Device Up-to-Date: Ensure that you have the latest software updates installed on your device to prevent exploitation of software bugs.
· Monitor Accounts: Regularly check your bank account for unapproved or mysterious transactions.
· Disable Lost Devices Immediately: If you lose your device contact The Bank of Richmondville or financial institution immediately.