easywallet - Safe wallet in your smartphone (2024)

FAQs

Is EasyWallet safe? ›

The app has a sophisticated verification system to ensure maximum data security.

Always protect your digital wallet with a lock, whether a unique passcode, fingerprint scan, or facial ID. This is the best and easiest way to deter cybercriminals. If you use a numerical code, make it different from the passcode on your phone. Also, make sure the numbers are random.

However we approve your withdrawal within maximum 2 business days. Depending on your bank you can receive it within 7 business days.

EasyWallet recipients that wish to terminate their EasyWallet access can do so by withdrawing all the EasyWallet funds from the account and request the bank via email to info@bankwindhoek.com.na to termite the access. 12.1.

However, although mobile payment apps offer us the ability to spend seamlessly with the flick of a wrist, they also present savvy hackers and cybercriminals with the opportunity to steal our financial data and commit fraud (if our digital wallets aren't secure enough).

Physical cards feature an identifying magnetic stripe, and information can be stolen from them rather easily if criminals tamper with a card reader by adding a skimmer. A digital wallet — is even more secure than a chip card because it doesn't use your actual card number for the transaction.

Don't need cash at the moment? Leave it in your wallet and dial *140*295# to request a new One-Time-Pin (OTP), purchase MTC airtime or buy electricity . Using the Bank Windhoek Mobile App you can also transfer funds from your EasyWallet directly into your Cheque or Savings account 📲.

Receive a maximum of N$5000 funds per day on any MTC Cellphone number. Keep a maximum balance of N$20 000. Perform cardless cash withdrawals at any Bank Windhoek ATM. Use the money to buy airtime or electricity.

Is the YourWallet app safe? ›

Data collected by the application are protected by physical, electronic and organizational procedures, including secure sockets layer (SSL) encryption technology.

In general, digital wallets are considered much safer than using physical credit cards, which can be more easily lost or stolen.

Are mobile wallets secure? Yes, storing a credit card on your phone is secure. In fact, a primary benefit of credit cards is that they are already a more secure payment method than cash or check, and mobile payments take that to the next level — it's one of the most secure ways to pay.

In general, digital wallets are considered much safer than using physical credit cards, which can be more easily lost or stolen.

eWallet Security

The app features 256-bit AES encryption yet it does not have two-step verification. You can create different wallets with their own passwords, which is convenient if you decide to start a wallet with cards you will share with others using devices.

Also in general connecting your wallet to any website isn't a big security risk, but it's simply better to not connect unless you have a need for it. Metamask strongly recommends that you only connect with websites that you trust.

It's secured with a PIN authentication for each online transaction giving you the assurance of safe online transactions.