Mobile Wallets
Mobile wallets are digital wallets that store payment card information on a mobile device. They allow users to make payments for goods and services through their mobile devices. Mobile wallets use various technologies such as Near Field Communication (NFC), Quick Response (QR) codes, and Magnetic Secure Transmission (MST) to enable contactless payments. They also offer features such as loyalty programs, coupons, and rewards. Mobile wallets provide a convenient and secure way to make payments without the need for physical cards or cash.
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