Keeping your personal finances safe abroad

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Ensuring your personal financial details are kept safe and secure when you go abroad is one of the most important factors to consider before travelling.

Many people prefer to avoid carrying large amounts of cash on holiday, but credit or debit cards aren’t necessarily the safest alternative you can choose.

e-Wallets have grown in popularity in recent years, with this method allowing you to make purchases by using an email attached to your account without divulging your personal details to the vendor.

PayPal, Apple Pay and Google Wallet are amongst the most popular options, with people using them to spend money across a wide range of industries.

For travellers wishing to gamble online while on the move, e-Wallets are an ideal way to take advantage of Bitstarz Bonus Code offers.

Creating an e-Wallet is easy

Setting up an e-wallet is easy. Just download the app, follow the simple instructions to your account and add your payment details.

Your money and details are safe when you use an e-Wallet. Simply enter a password or other verification details any time you wish to view your account or make changes.

This is much safer than carrying cash or credit cards.

Why you should use an e-wallet

Speed, ease of use and security are amongst the main benefits of paying with an e-Wallet when travelling abroad.

All payment data stored on an e-wallet is encrypted, adding an additional level of security to your transactions.

People have historically used cash or credit cards on their travels, but leaving these in a hotel safe or even at home vastly reduces your chances of having them stolen.

Convenient to use

An e-Wallet allows you to link multiple accounts into one easy to use area within your smartphone, helping you carry less personal items around with you.

More and more retailers now accept e-Wallet payments. In the same way debit/credit cards replaced cash, e-Wallets are quickly emerging as a new and safer alternative.

As technology continues to develop it is likely that the growth in e-wallets will continue, maybe even fully replacing other methods of payment in the future.

Conclusion

Some e-Wallets can incur transaction fees, but their use when travelling abroad still makes a lot of sense from a security perspective.

The payment method is reliant on your mobile device having a charged battery, but the pros of using an e-Wallet when travelling far outweigh the cons.

The rise in their popularity certainly looks set to continue on an upward curve over the next few years.