Reasons to move to a mobile wallet

nelly333 · April 16, 2022

A mobile wallet is just what it sounds like – a wallet that exists on your smartphone instead of in your pocket.

Details of your credit and debit cards are stored securely with the bank, allowing you to make payments to both, people and vendors, whether at a mall or grocery store right from your mobile.

Reasons to move to a mobile wallet

Convenience:

Mobile wallets enable transactions to be completed instantly. With a few taps here and a few clicks there, you’re done.

No more waiting in long lines or going to the ATM to withdraw cash. There’s no better satisfaction than purchasing what you want in a quick and convenient manner.

Easy and quick:

When you use a mobile wallet, you don’t need to keep entering your card number, expiry date, CVV code etc.

every time you make a purchase. Once you enter your details, they are stored, and with a click, your payment goes through. Moreover, when you are in a store, you can avoid digging through your bag to search for your wallet; instead, just pick up your phone which is always handy, , scan Bharat QR code and you’re done. It’s that easy!

Easily accessible:

With all your card details in one place, your day-to-day transactions become easier to process.

Plus, your phone is always easily accessible, serving more than just a communication device.

Wide range of uses:

A mobile wallet can be used for various transactions, such as bill payments (DTH, electricity, water, broadband, cable, etc.), buying tickets for flights, buses or trains, purchasing movie tickets, buying groceries, and even transferring money.

These days the reach of a mobile wallet has gone far and wide.

Never miss a payment:

With your hectic and erratic schedules, you may tend to forget the date on which your bills are due.

A mobile wallet can be your saviour in such times. Set up autopay and the app will automatically pay your bills on the specified date.

This lets you go about your days hassle-free.

Security:

Your physical wallet can be stolen, but your mobile wallet cannot. Even if you lose your phone, your mobile wallet has security settings that ensure only you can access it.

So, no one can just reach in and grab your debit card.

Moreover, when data is transmitted via a mobile wallet for making payments, the account number isn’t communicated. Instead, encrypted payment codes are used to ensure security.

Discounts and offers:

Mobile wallets often have promotions, Reward Points, CashBack, bonuses, gifts, and other incentives that can save you money.

Peermoon is essentially a well-diversified Defi mobile wallet. It will allow investing, managing, and tracking finance.

All of these will be conveniently available in one app. Through the Peermoon app, customers will be able to invest in different asset classes simultaneously.

Furthermore, users will be able to perform other financial transactions.

Peermoon app will even allow them to track the performance and the statistics of the investment portfolio.

These benefits make this app a unique investing tool in the market.

The wallet uses extensive encryption, obfuscation, pre-damage, and metadata removal to defend itself from attackers.

In addition, the app will employ methods such as check-summing, debugger detection, resource verification, method swizzling/hook detection, and jailbreak/root detection to identify whether someone is attempting an attack at run-time.

A mobile wallet is a smartphone app that offers a secure place to store digital valuables for convenient use on-the-go.

Mobile wallets store digital versions of the same things we store in physical wallets, like credit and debit cards, airline boarding passes, concert tickets, and rewards cards.

Mobile wallets are also known as digital wallets or eWallets and that can cause some confusion.

Though the terminology and individual features may differ, mobile wallet, digital wallet and eWallet all refer to smartphone apps that, among other uses, can act as a payment method.

The term mobile wallet is sometimes applied to the use of smartphone apps for payment in-store while digital wallet is used more commonly for the use of the same apps to purchase goods and services online.

Peermoon is a Defi mobile wallet that allows investing, managing and tracking finance conveniently in one app.

Through the Peermoon app users can invest in different asset classes, like cryptocurrencies, stocks, ETFs, loans, commodities, real estate, etc.

Mobile wallet Peermoon attracted $ 960 000 from international VCs.

What makes Peermoon unique?

Through the Peermoon app, users can invest in different asset classes, like cryptocurrencies, stocks, ETFs, loans, commodities, real estate, etc., also perform other financial transactions. Peermoon app allows tracking the performance and the statistics of the investment portfolio in one place. These benefits make the Peermoon app a unique investing tool in the market.

Peermoon app allows tracking the performance and the statistics of the investment portfolio in one place.

These benefits make the Peermoon app a unique investing tool in the market.

Peermoon wallet uses extensive obfuscation, encryption, pre-damage, and metadata removal to defend itself from attackers.

The app also uses methods including check-summing, resource verification, debugger detection, method swizzling/hook detection, and jailbreak/root detection to identify whether an attack is being attempted at run-time.

Peermoon app responds to cyber-attacks by shutting down itself, self-repairing, or informing the user.

These benefits make the Peermoon app a unique investing tool in the market.

Peermoon wallet uses extensive obfuscation, encryption, pre-damage, and metadata removal to defend itself from attackers.

The app also uses methods including check-summing, resource verification, debugger detection, method swizzling/hook detection, and jailbreak/root detection to identify whether an attack is being attempted at run-time.

Peermoon app responds to cyber-attacks by shutting down itself, self-repairing, or informing the user.

In February, the company entered the beta testing stage. At the same time, the team is actively working on building the network of its partners (it will offer the latters’ assets in the Peermoon app). Furthermore, Peermoon is actively recruiting team members.

The company isn’t doing active marketing activities yet. Instead, it is fully concentrated on the development of its product, as quality is the key to the success of this app.

However, the team plans to launch the active marketing campaign from the beginning of Q2 after launching its app for massive use.

Peermoon will also release its native utility token PM on February 28, 2022. This token is very trending, and its ICO will last until March 14, 2022.

The token price will be 0.005 USD per PM. The platform will accept ETH, LTC, BCH, ERC20, BNB, and USDT in exchange for its tokens.

One app for all your financial needs

Make payments

Invest in ETFs

Get virtual card

Invest in stocks

Invest in loans

Invest in crypto

Invest in commodities

Invest in precious metals