A digital wallet (or e-wallet) works for Internet users as a wallet in the digital world. It is a service which allows users to make electronic commerce transactions securely and quickly.

In some countries e.g. Japan or South Korea, they have already rolled out cell phone-based digital wallet solutions. Consumers in these countries can use their cell phones to pay for groceries, order drinks from a vending machine or even identify themselves at airline ticketing counters.¹⁾

More relevant information about the topic e-commerce, you will find under E-Commerce

• http://en.wikipedia.org/wiki/Digital_wallet
• http://www.mysecurecyberspace.com/encyclopedia/index/digital-wallet.html