e-wallet

An **e-wallet** (electronic wallet) is a digital system that securely stores users’ payment information and passwords for numerous payment methods and websites. It allows consumers to make electronic transactions and purchases quickly and conveniently via smartphones, tablets, or computers without the need to carry physical cash or cards. E-wallets often include features such as peer-to-peer transfers, bill payments, and loyalty rewards, making them an essential tool in the modern digital economy. Common examples include Apple Pay, Google Wallet, PayPal, and Samsung Pay.