Money transfer and e-wallet apps have turned our smartphones into mobile payment devices which means we can now quickly pay for goods and services on-the-go without cash or bank cards. Beyond regular day-to-day reasons you may utilise the apps, these services are also a wonderful way to send a gift to loved ones abroad, be it for birthdays, weddings, or milestones when we can’t physically be there to celebrate together.
However, if you haven’t yet made the switch to one of these money transfer platforms, the transition from a traditional bank or brick and mortar provider to mobile payments can feel a little strange, or confusing. You may be thinking ‘Are these mobile devices safe enough to trust with our sensitive data and money?’ or ‘What if my phone gets lost’?’
Following Age UK's recent report which found that more than 4 million over-65s risk ‘financial exclusion’ as banks continue to close across the country, Karen Jordaan, Head of UK at WorldRemit shares essential tips on how older people can enhance their online safety so they feel ready to safely send money digitally for the first time.
