Electronic Wallets

Electronic wallets, or e-wallets, are digital tools that securely store your payment information, such as credit card details or bank accounts, allowing you to make instant online or in-store transactions. They function like a virtual version of a physical wallet, simplifying checkout processes and reducing the need to carry physical cards or cash. E-wallets use encryption and security measures to protect your data, enabling quick, convenient, and safe payments through smartphones or computers. Popular examples include PayPal, Apple Pay, and Google Pay. They are widely used for everyday purchases, online shopping, and mobile transactions.