A mobile wallet is an application that a customer uses to store their payment card details on a mobile device. Examples of mobile wallets include the following:
- Google Pay
- Apple Pay
- Samsung Pay
The customer can then use their mobile device to make contactless payments by tapping their device on your payment terminal.
Let us know if this answered your question. If not, please let us know why!
Tags: contactless, mobile payment, NFC, digital wallet, tapping, emv