Digital Wallet

B1 8+
  • Frequency of Use
    75 %
  • Retention Rate
    60 %
  • Complexity
    45 %
  • Digital Wallet Meanings

    noun a digital wallet is a software-based system that securely stores users' payment information and passwords for numerous payment methods and websites.

    adjective digital wallet is used as an adjective to describe the type of wallet being digital in nature.

    Fields related to digital wallet

    Finance

    In the finance industry, digital wallets are used to store payment information securely and make online transactions easier and faster.

    Travel

    Digital wallets are used in the travel industry for booking flights, hotels, and other travel-related services conveniently.

    Gaming

    In the gaming industry, digital wallets are used for in-game purchases and transactions within gaming platforms.

    E-commerce

    Digital wallets are commonly used in e-commerce platforms as a convenient payment method for customers to make purchases online.

    Cryptocurrency

    In the world of cryptocurrency, digital wallets are essential for storing and managing digital assets securely.

    Mobile Technology

    With the rise of mobile technology, digital wallets have become popular for making contactless payments using smartphones or wearable devices.

    Occupation Usage of digital wallet

    Writer

    A writer may use a digital wallet to receive payments for their freelance writing work or to purchase research materials online.

    Psychologist

    A psychologist may use a digital wallet to accept online payments for therapy sessions or to purchase professional development resources.

    Freelancer

    Freelancers often use digital wallets to receive payments from clients for their services and to manage their finances.

    Entrepreneur

    Entrepreneurs may use digital wallets to make business-related purchases, manage expenses, and receive payments from customers.

    Accountant

    An accountant may use a digital wallet to track business expenses, manage client payments, and streamline financial transactions.

    Consolidated Statistics about digital wallet

    Region Popularity

    Gender Usage

    By Literature Genre

    By Media

    Age Distribution