A digital wallet is a technological advancement which summarizes your wallet into an electronic form. Comprised over your mobile device the digital wallet allows you to complete transactions via your phone and terminal. The wallet can hold multiple cards as well as offer loyalty programs and rewards. NFC capability means that your e-wallet is safe and secure. Digital wallets are currently being developed by many mobile companies and banks. You may soon be a little less cluttered and a little more tech savy due to the digital wallet.
- It contactless payments nearly anywhere
- It used to store "Loyal cards" "Credit and debit cards"
- All information stored on NFC sim card.
There are many articles explain the function of Digital Wallet in details to us:
"What is Google Wallet" by Nathan Chandler,
http://electronics.howstuffworks.com/google-wallet.htm
"How Digital Wallet works" by Nathan Chandler,
http://electronics.howstuffworks.com/gadgets/high-tech-gadgets/digital-wallet.htm
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