A mobile wallet is a digital application that allows users to store and manage their payment information on their smartphones. Instead of carrying cash or physical cards, people can use their mobile wallets to make purchases, pay bills, and even send money to friends. Popular examples of mobile wallets include Apple Pay, Google Pay, and PayPal. These wallets use secure technology to protect your financial information, making transactions quick and convenient. With just a tap or a scan, you can complete your purchase at stores or online. Mobile wallets also often offer rewards and discounts, making them a smart choice for savvy shoppers.