Introduction to Digital Wallet Technology

Fast forward to the modern days, the innovation of digital technology has improved over the years. Nowadays, people use their smart phones to make transactions in a faster and more efficient way. This type of payment service is called digital wallet apps which electronically sends money through the most commonly used apps such as apple pay, PayPal, and google wallet. These digital wallet apps store the person’s credit card numbers or any personal account information so that future transactions will just be a tap away. Paying has never been so easy with just a quick tap which has saved people unnecessary time pulling out their wallets out of their pockets or bags or worst re-entering credit card information and other personal accounts. Although, the development of this digital wallet service has made a beneficiary impacts on people’s day-to-day lives, just how safe and secure is this digital wallet apps?

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