In this class, you explored how digital wallets like Apple Pay, Google Pay, and others simplify your financial transactions by storing payment information on your phone. Digital wallets allow you to make secure, contactless payments with ease.

Key Takeaways and Next Steps

How Digital Wallets Work: Digital wallets securely store your credit, debit, or prepaid card information on your phone, enabling contactless payments in stores or online. They often use encryption and tokenization, ensuring that your card details are never exposed during transactions.
Safety Tips for Using Digital Wallets: Protect your device with a strong passcode or biometric security (like fingerprint or facial recognition). Avoid using public Wi-Fi when making payments and monitor your account for suspicious transactions regularly.
Convenience of Digital Wallets: Beyond payments, digital wallets can store loyalty cards, tickets, and even boarding passes. They reduce the need to carry multiple physical cards, streamlining your daily activities and reducing wallet clutter.

Resources (from Helen-AI):