oboloo Glossary

Digital Wallets

oboloo Glossary

Digital Wallets

A Digital Wallet, also known as an e-Wallet or virtual wallet, is a secure electronic account where users can store digital payment information and make online payments. This simple and organized way of storing all your personal banking data, purchasing preferences, and payment information makes shopping and managing your finances much easier. Digital Wallets are accessible through apps on your smartphone and other mobile devices, allowing for secure transactions anytime and anywhere. With instant access to your funds, you never have to worry about having the wrong card or carrying too much cash ever again!