10 likes | 12 Views
All payment information of users is securely stored in a digital wallet. Thus, the need to carry physical wallets is greatly reduced.<br><br>
E N D
Significance of a Digital Wallet - All payment information of users is securely stored in a digital wallet. Thus, the need to carry physical wallets is greatly reduced. -Developing countries may be able to increase their participation in the global financial market through digital wallets. -The use of digital wallets allows users to transfer funds to friends and family living in different countries. -A digital wallet also eliminates the need for physical banks and companies to open and maintain a bank account. Therefore, they also connect individuals and businesses in rural areas. -In order to make transactions and maintain cryptocurrency balances, you need a digital walle