DIGITAL WALLET
The concept of digital wallets (or e-wallets) refers to the storage of payments and passwords for a variety of payment methods and websites using a software-based platform. NFC technology makes it easy to complete purchases with a digital wallet. Also, they won't have to worry about remembering stronger passwords.
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The use of a digital wallet along with mobile payment systems allows customers to make purchases using their smartphones. Additionally, loyalty cards and digital coupons can be stored in a digital wallet.
FUNCTION OF DIGITAL WALLET
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On devices such as phones and tablets, digital wallets are applications that allow you to store funds, make transactions, and track your payment history. A digital wallet allows you to store all your financial information, as well as identification cards and driver's licenses.
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