Digital wallets: A detailed study

The modern epoch is involving into a new momentum in payment scheme by means of digital wallets packed with cards, offers and coupons. Current atmosphere is business world, populace don‟t have much time to do their routine works as mobile and dish TV recharge, electricity bill payment, funds and insurance payments or online shopping etc. In current scenario smart phones take place a vital role in the day today life of populace. This review paper reviewed a detailed study on digital wallets along with focusing on the impact of these new digital payment systems on customers and technological advancement.