What Is a Digital Wallet and How Does It Work?
Note that Masterpass wallets can contain payment cards from a range of card networks -- Masterpass is not restricted to Mastercard payment cards. Paying via a digital wallet is more convenient for your customers. So, by accepting digital wallets, you ensure that your customers never choose a competitor simply because you don't accept payments via digital wallets. If asked, choose your payment method and enter your shipping address, then confirm your order. Additionally, you will be required to authenticate yourself before the transaction can be processed. Depending on your device type, the authentication step may be completed using your fingerprint, facial recognition, passcode or PIN. The last four digits of your card number is displayed on the card image within the wallet for the purpose of helping you manage your card. A digital wallet has both a software and information component. Secure and fair electronic payment systems are important issue. The software provides security ...