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ADOPTION OF DIGITAL WALLET BY CONSUMERS Dr Hem Shweta Rathore (hemshweta gmail.com), Assistant ProfessorBharati Vidyapeeth 's Institute of Mnagement Studies & Research, Navi Mumbai AbstractIn.

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As technology continues to advance, the future of mobile wallets is looking promising. With the rise of digital currencies such as Bitcoin, mobile wallets are expected to become even more versatile, allowing users to store and use various forms of digital currency.

Digital wallets allow you to pay when you're shopping using your device so that you don't need to carry your cards around. You enter and store your credit card, debit card, or bank account information and can then use your device to pay for purchases.

The wallet's digital renaissance Not only has digital-payments penetration increased to 89 percent in 2022, but the share of respondents who report using two or more forms of digital payments has grown even more rapidly—from 51 percent in 2021 to 62 percent.

In 2021, the global market value of mobile wallets was $55,679 billion, an annual increase of 28.3%.

Mobile wallets allow users to make in-store payments without having to carry cash or physical credit cards. The most popular mobile wallets include Google Pay, Apple Pay, Samsung Pay, and PayPal.

The use of mobile payments is on the rise! ing to industry data, mobile wallets are used by more than two billion people globally, with many millions more adopting mobile payments every year.

Security concerns are very real, because e-wallets are vulnerable to a wide range of fraud techniques. Examples include: Identity theft: Hackers acquire sensitive data not properly protected and use the stolen identity to make online and card-not-present purchases.

Convenience & Flexibility Contactless payments are also supported by mobile wallets, which have become increasingly popular since the COVID-19 outbreak. Users can complete transactions without touching cash or entering a PIN by simply holding their phones near a payment terminal.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232