What is a Digital Wallet?
A digital wallet is a software or an application that stores payment information and allows you to make secured transactions without carrying physical cash or cards. It eliminates the need for carrying physical cash or cards by enabling seamless digital transactions through smartphones, computers, or wearable devices.
Digital Wallet enables easy digital transactions through smartphones or computers. It can be used for various purposes, including online shopping, in-store payments, and transferring money to others. Popular examples include Apple Pay, Google Pay, PayPal, and Amazon Pay.
