An E-Wallet is a digital application that allows users to store and manage their payment information securely. It enables individuals to make transactions, such as online purchases or money transfers, without needing physical cash or cards. E-Wallets can be linked to bank accounts or credit cards, making it easy to pay for goods and services with just a few taps on a smartphone. Many E-Wallets also offer additional features, such as tracking spending, sending money to friends, and earning rewards. Popular examples include PayPal, Venmo, and Apple Pay. These platforms enhance convenience and security in everyday financial transactions.