e-wallets

Phone payment apps

E-wallets are digital accounts that store payment information for online and in-person transactions.

They hold funds, credit card details, or cryptocurrency, allowing users to pay without physical cards or cash: I loaded my e-wallet for the concert tickets.

Major examples include PayPal, Apple Pay, and Venmo.

Also spelled ewallet or e-wallet; the singular is e-wallet.

experience

convenience

Ease of use

on-the-go · paperless · cashless · contactless · user-friendly · fast · easy · accessible · portable · 24/7

payments

mobile-payment

Purchasing via handheld device

remittance · top-up · cashback · point-of-sale · checkout · merchant · vendor · micropayment · cross-border · autopay

platforms

PayPal

Online money transfer platform

  • VenmoMobile payment service
  • ZelleBank-linked payment app
  • DanaPersonal appellation
technology

NFC

Close-proximity communication protocol

  • APISoftware communication standard
  • fintechTech-driven monetary services
  • blockchainCryptographic linked transaction record

cryptocurrency · sync · integration · connectivity · platform · backend · server

security

encryption

Converting data into code

PIN · fingerprint · tokenization · password · dispute · chargeback · privacy

management

balance

Steadiness or amount owed

reload · withdrawal · deposit · rewards · promotions · notifications · settings · profile

Categories
Opposites
digital vs. physical payment medium

e-walletscash

Ready spending funds

paper money · coins · banknotes · hard currency · cold hard cash

modern vs. traditional payment systems

e-walletsbarter

Direct goods-for-goods exchange

gold standard · traveler's checks · money orders · checkbooks · cash transactions

technological modernity

e-walletsbarter

Direct goods-for-goods exchange

trade goods · gold coins · wampum · cowrie shells · checks

Family

wallet, wallets, e-wallet, digital wallet

Familiarity
Top 500,000
Profile
Used worldwide · Everyday, not technical · Rated G