Digital Wallet

Pronunciation: /ˈdɪdʒɪtəl ˈwɑlɪt/

Definitions of digital wallet

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

Example Sentences

A1 I use my digital wallet to pay for online purchases.

A2 She downloaded a digital wallet app to store her credit card information securely.

B1 Many people find it convenient to use a digital wallet for quick and easy payments.

B2 The digital wallet allows users to make transactions without the need for physical cash or cards.

C1 The digital wallet industry is constantly evolving with new features and security measures.

C2 Using a digital wallet can help streamline financial transactions and keep track of expenses more efficiently.

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

Example Sentences

A1 I use a digital wallet to store my money online.

A2 A digital wallet is a convenient way to make online purchases.

B1 She prefers using a digital wallet for all her financial transactions.

B2 The company offers a secure digital wallet for customers to store their payment information.

C1 The digital wallet app allows users to easily manage multiple currencies.

C2 Using a digital wallet has become essential for conducting business in today's digital economy.

Examples of digital wallet in a Sentence

formal Many people now use a digital wallet to make online payments securely.

informal I always keep my digital wallet handy for shopping online.

slang I love how my digital wallet lets me pay with just a few taps.

figurative In today's world, knowledge is like a digital wallet - you need to keep it updated and secure.

Grammatical Forms of digital wallet

• plural: digital wallets
• comparative: more digital wallet
• superlative: most digital wallet
• present tense: use digital wallet
• future tense: will use digital wallet
• perfect tense: have used digital wallet
• continuous tense: are using digital wallet
• singular: digital wallet
• positive degree: digital wallet
• infinitive: to use digital wallet
• gerund: using digital wallet
• participle: used digital wallet

Origin and Evolution of digital wallet

First Known Use: 1996 year

Language of Origin: English

Story behind the word: The term 'digital wallet' originated as a way to describe a virtual wallet or electronic payment system that allows individuals to store and manage their payment information on a digital device.

Evolution of the word: Initially, the term 'digital wallet' was used to refer to software applications that stored payment information for online transactions. Over time, it has evolved to encompass a wider range of functions, including mobile payments, loyalty programs, and ticketing services.