A digital wallet is an electronic version of a physical wallet that allows users to store payment information, such as credit and debit card details, on their mobile devices for easy, contactless transactions.
Digital wallets like Apple Pay, Google Pay, and PayPal have become increasingly popular in the travel industry. They allow travelers to book flights, hotels, and tours without needing to enter card details manually, enhancing the convenience and speed of transactions. Many travel companies now integrate digital wallets to offer customers a seamless booking experience.
While digital wallets are secure and convenient, not all travel merchants globally accept them. Additionally, some digital wallets may not support cross-border transactions, making them less useful for international travel bookings.
A traveler booking a flight through a mobile app can pay instantly by selecting Apple Pay as their payment method, using their stored credit card information for a quick and secure transaction.