Jump to navigation Jump to search A digital wallet refers to an electronic device or online portefeuille bitcoin iphone that allows an individual to make electronic transactions. This can include purchasing items on-line with a computer or using a smartphone to purchase something at a store.
A digital wallet has both a software and information component. The software provides security and encryption for the personal information and for the actual transaction. Typically, digital wallets are stored on the client side and are easily self-maintained and fully compatible with most e-commerce Web sites. Digital wallets are composed of both digital wallet devices and digital wallet systems. There are dedicated digital wallet devices such as the biometric wallet by Dunhill, a physical device that holds cash and cards along with a Bluetooth mobile connection.
Digital wallet systems enable the widespread use of digital wallet transactions among various retail vendors in the form of mobile payments systems and digital wallet applications. Digital wallets are being used more and more in Asian countries as well. One in five consumers in Asia are now using a digital wallet, representing twofold increase from two years ago. Singapore are the biggest adopters of digital wallet.