Going digital: the benefits of digital payments

As the global marketplace transforms, online payments and digital transactions are solidifying why online payment services are necessary now more than ever. The world is evolving to a new normal where everyday tasks and essential operations are becoming less and less convenient, increasing the need to reach out to the digital realm for ease and efficiency.

 

Look around you. Real-time payments combine speed, data and communication for immediate access to payment and confirmation, providing near instantaneous transaction security. 

Thanks to advancements in digital payment technology and cyber security including rigorous encryption and authentication protocols, digital payments are more efficient and safer than offline payments. In addition, Digital payments promote business from around the world, eliminating geographical boundaries and removing obstacles that would otherwise restrict participation in a global marketplace.

As cash is becoming obsolete and contactless transactions are ever the more desired, businesses and consumers want faster, safer, and more convenient payment methods and the benefits of digital payments are multifold.  The convenience and accessibility immediately answer the question of why digital payment is better than cash in a seamless and nanosecond transaction.

 

Complementing swift transaction speed is the increase of personal time for consumers by eliminating lines and waiting. With innovative technology and rigorous security, digital payments are low risk and provide an additional layer of purchase protection when using credit cards that guarantee lowest price, extend warranties, and dispute charges. Overall, online payments are a hassle-free experience at no cost.

Enel X Pay is an online bank account and contactless Mastercard that fits into the portfolio of financial solutions offered by Enel X Financial Services. Enel X Pay simplifies payments with an app-centric solution (available for both iOS and Android). In real time and with a single tap, customers can process physical and digital payments, divide expenses, send money, manage expenses such as bills and taxes, and move money within the euro payments area.  A bonus is the account analytics which shows holders spending trends. 

 

Enel X is also available for children aged between 11 and 18 years, with full parental control including balances checks and transaction approval.

Enel X continues in its role as pioneer and opportunity-maker by evolving the digital payment landscape with an unparalleled and innovative financial portfolio of cashless purchases, seamless wire transfers,  cashback incentive programs, and Enel X pay online bank account.