Term

Digital Wallet

A digital wallet is a form of online payment through an app. It stores your virtual credit or debit card information, so you don’t need to carry a credit with you all the time. A digital wallet replaces the actual card number with a digital number, so not even businesses can see or store it. 

You can use a digital wallet to buy products or custom services from websites, print stores, etc. It offers security in the form of a PIN code, a fingerprint, or a face scan, so only you can access it. At checkout, many stores accept digital wallet payments. 

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