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19 Aug 2021

How do digital wallets work?

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Once you download a virtual wallet, you are supposed to fill in your company’s important information like bank accounts details, email id, phone number, etc. To make payments using any digital wallet you can use either the QR code given by the vendor. The other way to make expenses is through using tokenized technology. Digital wallets convert your card information to tokens. Every transaction is backed by instant password generation and digital recognition.

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