mobile wallet

Smartphone payment app

A mobile wallet is a smartphone application that stores payment information, allowing purchases without physical cards or cash.

Users tap their phone at checkout terminals or send money digitally.

The wallet may also hold loyalty cards, tickets, boarding passes, and identification: I keep my transit pass in my mobile wallet.

Also called a digital wallet.

Opposites
payment method physicality

mobile walletcash

Ready spending funds

paper money · coins · leather wallet · hard currency · banknotes

technological sophistication

mobile walletbarter

Direct goods-for-goods exchange

money order · cash on delivery · layaway · handshake deal · IOU

portability/accessibility

mobile walletbank vault

Secure room for valuables

safe deposit box · mattress money · buried treasure · fixed deposit · savings bond

Family

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Familiarity
Top 200,000
Profile
Known to kids · Used worldwide · Everyday, not technical · Rated G