E-Wallets: Will They Replace Physical Wallets?

E-Wallets: Will They Replace Physical Wallets?

E-Wallets, sometimes referred to as digital wallets, are making the items found in a physical wallet – cash and credit cards – disappear. An e-wallet is an application on a smartphone or personal computer that stores virtual versions of those items and allow for monetary transactions. Digital wallets store cash, credit cards and banking information, among…