digital wallet

American  

[dij-i-tl wol-it, waw-lit] / ˈdɪdʒ ɪ tl ˈwɒl ɪt, ˈwɔ lɪt /

noun

1. an electronic device, website, software system, or database that facilitates commercial transactions by storing a consumer's credit card, shipping address, and other payment data.

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Etymology

Origin of digital wallet

First recorded in 2010–15

Example Sentences

You buy a certain sum in Swiss francs but download it in bitcoin onto a digital wallet on your phone.

From BBC

They might include banks, building societies, investment platforms and digital wallet providers.

From BBC

The teen tried to bluff by showing an empty digital wallet, she said.

From Los Angeles Times

Samsung has ambitions to become a bigger player in American consumers’ everyday financial lives—something its archrival, Apple, has accomplished with offerings like its credit card and digital wallet.

From The Wall Street Journal

While Samsung’s digital wallet is popular in its home market of South Korea, its consumer financial products lag behind Apple’s in the U.S.

From The Wall Street Journal