Digital wallets: What they are and how they work

It wasn’t long ago that we were fumbling through our wallets and purses to get the right debit card out to pay. Either that or flipping through an array of loyalty cards to find the right one for the store we were in.

But those days are over for many consumers. Thanks to the change of habits triggered by Covid-19, digital wallets (also known as e-wallets) are booming, especially among younger shoppers.