They might also have their driver’s license, health card, loyalty card(s) and other ID documents stored on the phone. The credentials can be passed to a merchant’s terminal wirelessly via near field communication (NFC). Increasingly, digital wallets are being made not just for basic financial transactions but to also authenticate the holder's credentials. For example, a digital-wallet could potentially verify the age of the buyer to the store while purchasing alcohol.
The system has already gained popularity in Japan, where digital wallets are known as Osaifu-Keitai or "wallet mobiles"
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| Downloads: 63 | ||||
| Updated At: 2024-04-23 10:13:35 | ||||
| Publisher: Heyappmaker | ||||
| Operating System: Android | ||||
| License Type: Free |