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Apple WalletAn iPhone app from Apple that debuted with iOS 6. Originally called "Passbook," Wallet holds boarding passes, movie tickets, retail coupons and customer loyalty cards. Data can be automatically displayed on the user's lock screen when entering a related venue. In 2015, Wallet added support for Apple Pay, along with major credit cards and retail store cards from JC Penney, Kohl's and BJ's Wholesale Club. Wallet interacts with merchant terminals via barcodes and, starting with the iPhone 6, via NFC. See smartphone wallet, digital wallet, NFC, iPhone 6 and iOS versions.
digital wallet(1) A smartphone app for making financial transactions in a retail store. See smartphone wallet, Bitcoin wallet and mobile payment service.
(2) A desktop app for making credit card purchases online. It eliminates entering shipping, billing and credit card data when a purchase is made at a website. The data either reside in the cloud or are encrypted in the user's computer, and the wallet's digital certificate identifies the cardholder. A digital wallet may also store insurance and loyalty cards, drivers' licenses, ID cards and site passwords. Some wallet apps let users enter additional data.
In order to make ordering painless, large e-commerce sites such as Amazon.com have for years provided their own digital wallets by storing their customers' credit card data on their own servers.
The Wallet Renaissance
In the early days of the Web, people were skeptical about entering credit card data, and the electronic wallet was conceived to promote a secure e-commerce environment. Although millions submit their card data online without a wallet today, mobile payments may cause nearly everyone to have a digital wallet in the future (see smartphone wallet). See mobile payment service, Web payment service, eWallet, identity metasystem, information card, digital coins and Bitcoin wallet.
|This earlier digital wallet saved the user's name, address and credit card data. When placing an order online, it filled in the forms. (Image courtesy of EntryPoint, Inc.)|
|An eWallet Card|
|Available for many years on all popular platforms, Ilium Software's eWallet stores all pertinent information for each credit card entered by the user. See eWallet. (Image courtesy of Ilium Software, Inc., www.iliumsoft.com)|
Google WalletA smartphone app from Google that enables users to pay for merchandise at retail outlets with their mobile phones. Launched in 2011 with support for MasterCard's PayPass system, Visa and Discover were added a year later. Google Wallet also supports loyalty and gift cards as well as payments between individuals via Gmail (see p2p payments).
Near Field Communication Was a Prerequisite
Requiring an NFC-equipped Android phone to make a payment by placing it near a terminal, that prerequisite was dropped in 2013 when Google Wallet became available for non-NFC iPhones (Apple later added NFC). See smartphone wallet and NFC.
Google Wallet and Android Pay
In 2015, Google introduced the Android Pay mobile payment system built into Version 6 of the Android OS (Android M). In 2018, Google Wallet and Android Pay merged (see Google Pay).
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What does it mean when you dream about a wallet?
Like all other dream symbols, the dream setting provides clues for interpreting this symbol. A wallet may indicate financial resources or self-identification (e.g., an I.D. kept in a wallet).
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