electronic wallet

An electronic wallet, or e-wallet, is a digital version of a traditional wallet that stores your payment information securely on your device or online. It allows you to make electronic transactions, such as purchasing goods or services, sending money, or transferring funds, quickly and conveniently without needing physical cash or card details every time. E-wallets use encryption and security measures to protect your data and can be linked to your bank accounts, credit cards, or other financial sources. They're commonly used via smartphones or computers and offer a simple, efficient way to manage and use your money digitally.