Summary – A mobile wallet is a digital payment solution that is becoming widely popular. A mobile wallet will use industry best practices to store sensitive card data such as card numbers, expiration dates, CVV codes, and more. Mobile wallets are necessary for popular payment services which include Apply Pay, Samsung Pay, & Google Pay.
Mobile wallets are growing in popularity and more and more consumers are beginning to use them. Businesses who want to offer their customers a convenient and modern way to pay will embrace mobile wallets.
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