A wallet, often referred to as a purse, is a small, portable accessory used to store money, cards, and identification. Typically made from materials like leather, fabric, or synthetic materials, wallets come in various styles and sizes to suit different needs. They often feature compartments for cash, credit cards, and coins, making it easy to organize personal items. Wallets can be carried in pockets, bags, or purses, providing convenience for everyday use. Some wallets also include additional features, such as RFID protection to safeguard against electronic theft. Popular types of wallets include bi-fold, tri-fold, and clutch wallets.