What is Digital Wallet?
What does 'Digital Wallet' mean?
A stored payment method that holds card details, bank links or account balances so a customer can pay without re-entering their information. In payment software this covers accepting wallet-based checkout such as phone and browser wallets, and in some cases issuing a wallet where funds can be topped up, held and spent. Wallet payments are usually tokenised, so the merchant never handles the underlying card number.
List of software with Digital Wallet functionality
About the reviewer
Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].