Significance of Digital wallet

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Significance of a Digital Wallet
- All payment information of users is securely
stored in a digital wallet. Thus, the need to
carry physical wallets is greatly
reduced. -Developing countries may be able to
increase their participation in the global
financial market through digital wallets. -The
use of digital wallets allows users to transfer
funds to friends and family living in different
countries. -A digital wallet also eliminates the
need for physical banks and companies to open and
maintain a bank account. Therefore, they also
connect individuals and businesses in rural
areas. -In order to make transactions and
maintain cryptocurrency balances, you need a
digital walle