Digital Wallet
A Digital Wallet is a software application that securely stores users' payment information and passwords for various payment methods and websites. This allows users and donors alike to make electronic transactions safely and conveniently. Digital wallets can also store other important information such as loyalty cards, tickets, and digital identification. Commonly known digital payment wallets include PayPal and Apple Pay, the latter being a mobile wallet that allows contactless payments via cellphone. Digital wallets are also widely used in the cryptocurrency sector, with examples such as Ledger Nano S and Trezor.