Digital wallets

Digital wallets are mobile applications that allow users to make and receive payments electronically. They are a convenient and secure way to make purchases and transfer funds online. Digital wallets work by linking a user's credit card or bank account to the wallet app, which can then be used to make payments at participating retailers or to transfer money to other users. Some popular digital wallet apps include Apple Pay, Google Pay, and OWNR WALLET.

The coronavirus pandemic has led to an increase in the use of digital wallets as more people turned to online shopping and remote work. Digital wallets offer several benefits, including the ability to make purchases and transfers quickly and easily, the ability to store and track financial information, and the ability to make payments internationally. They are also helping to shape the future of payments by making it easier for people to conduct financial transactions digitally.