E-wallets

E-wallets, or digital wallets, are electronic tools that store your payment information securely, allowing you to make transactions without cash or physical cards. They can be accessed via smartphones or computers and support various payment methods like credit/debit cards or bank accounts. E-wallets facilitate quick, convenient purchases online or in-store, often including features like transaction tracking, security measures, and rewards. Examples include PayPal, Apple Pay, and Google Wallet. They simplify managing your finances by consolidating multiple payment options into a single, easy-to-use digital platform.