{"id":10274,"date":"2025-08-06T17:42:21","date_gmt":"2025-08-06T15:42:21","guid":{"rendered":"https:\/\/paynopain.com\/glosario\/wallet-digital\/"},"modified":"2025-11-16T12:51:22","modified_gmt":"2025-11-16T11:51:22","slug":"wallet-digital","status":"publish","type":"glosario","link":"https:\/\/paynopain.com\/en\/glossary\/wallet-digital\/","title":{"rendered":"Wallet"},"content":{"rendered":"<h2 data-start=\"234\" data-end=\"266\"><span class=\"ez-toc-section\" id=\"What_is_a_digital_wallet\"><\/span><strong data-start=\"237\" data-end=\"266\">What is a digital wallet?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"268\" data-end=\"437\"><strong data-start=\"268\" data-end=\"287\">Digital wallets<\/strong>, also known as <strong data-start=\"303\" data-end=\"316\">e-wallets<\/strong>, are payment tools that allow you to pay digitally. They work like a traditional wallet but adapted to the online world.<\/p>\n<p data-start=\"439\" data-end=\"789\">In most cases, these wallets are available as mobile apps, securely storing virtual versions of multiple cards. This means users don&#8217;t need to enter their card details for every transaction\u2014or even carry their physical card. Another advantage is the ability to store digital receipts, letting users access important documents whenever they need them.<\/p>\n<h2 data-start=\"791\" data-end=\"826\"><span class=\"ez-toc-section\" id=\"How_do_digital_wallets_work\"><\/span><strong data-start=\"794\" data-end=\"826\">How do digital wallets work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"828\" data-end=\"1166\">A digital wallet uses software to link payment data between a bank account and the provider processing the transaction. Once you set up your digital wallet, you can use it to pay online or contactless, store receipts and other documents, etc. There are many wallets available, with the most popular being <a href=\"https:\/\/paynopain.com\/en\/payment-methods\/apple-pay\/\"><strong data-start=\"1133\" data-end=\"1146\">Apple Pay<\/strong><\/a> and <a href=\"https:\/\/paynopain.com\/en\/payment-methods\/google-pay\/\"><strong data-start=\"1151\" data-end=\"1165\">Google Pay<\/strong><\/a>.<\/p>\n<p data-start=\"1168\" data-end=\"1220\">There are also different types of digital wallets:<\/p>\n<ul data-start=\"1221\" data-end=\"1543\">\n<li data-start=\"1221\" data-end=\"1402\">\n<p data-start=\"1223\" data-end=\"1402\"><strong data-start=\"1223\" data-end=\"1239\">Open wallets<\/strong> are accepted in most merchants and allow for many types of transactions\u2014online purchases, contactless payments, refunds, and even ATM withdrawals in some cases.<\/p>\n<\/li>\n<li data-start=\"1403\" data-end=\"1543\">\n<p data-start=\"1405\" data-end=\"1543\"><strong data-start=\"1405\" data-end=\"1439\">Semi-closed and closed wallets<\/strong> only allow transactions within a specific group of merchants or within the companies that created them.<\/p>\n<\/li>\n<\/ul>\n<h2 data-start=\"1545\" data-end=\"1611\"><span class=\"ez-toc-section\" id=\"What_benefits_does_a_digital_wallet_bring_to_your_business\"><\/span><strong data-start=\"1548\" data-end=\"1611\">What benefits does a digital wallet bring to your business?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1613\" data-end=\"1780\"><strong data-start=\"1613\" data-end=\"1636\">Improves conversion<\/strong><br data-start=\"1636\" data-end=\"1639\" \/>By reducing the steps required during payment (entering card number, CVV, personal details, etc.) and making checkout easier, sales increase.<\/p>\n<p data-start=\"1782\" data-end=\"1958\"><strong data-start=\"1782\" data-end=\"1813\">Greater control of expenses<\/strong><br data-start=\"1813\" data-end=\"1816\" \/>With a wallet, users can manage their finances in a more organized and centralized way, viewing income, expenses, rewards, discounts and more.<\/p>\n<p data-start=\"1960\" data-end=\"2192\"><strong data-start=\"1960\" data-end=\"2004\">Customer loyalty through reward programs<\/strong><br data-start=\"2004\" data-end=\"2007\" \/>Wallets can include loyalty features such as discount codes, personalized promotions and points systems to encourage repeat purchases, helping your brand stand out from the competition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is a digital wallet?<\/p>\n<p>Digital wallets, also known as e-wallets, are payment tools that let you pay online. They work like a traditional wallet but adapted to the digital world.<\/p>\n","protected":false},"featured_media":9372,"template":"","meta":{"_acf_changed":false},"class_list":["post-10274","glosario","type-glosario","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wallet - PaynoPain<\/title>\n<meta name=\"description\" content=\"What a digital wallet is, how it works, and everything you need to know about this technology to apply it in your business.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/paynopain.com\/en\/glossary\/wallet-digital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wallet - PaynoPain\" \/>\n<meta property=\"og:description\" content=\"What a digital wallet is, how it works, and everything you need to know about this technology to apply it in your business.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/paynopain.com\/en\/glossary\/wallet-digital\/\" \/>\n<meta property=\"og:site_name\" content=\"PaynoPain\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-16T11:51:22+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/paynopain.com\\\/en\\\/glossary\\\/wallet-digital\\\/\",\"url\":\"https:\\\/\\\/paynopain.com\\\/en\\\/glossary\\\/wallet-digital\\\/\",\"name\":\"Wallet - 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