The Journey of Digital Wallets

Abstract

Digital wallets also known as e-wallets. It renders service which allows
you to pay for the things, through mobile applications like phone pay,
google pay, Paytm etc. in which one has to attach the bank account and it saves
the card details of the users which provides QR scanners where you can easily
transfer money from one person to another person. It also holds all types of
transactions and track payment records like electricity bills, transportation bills,
entertainment (movie tickets) etc. E-wallets are user friendly and are more easily
accessible and secure than traditional wallets. Digital wallets are safe to use which
is paperless, card less using different e-payment apps through single touch.