|Driven by explosion in smartphone usage in all aspects of daily life, companies and financial institutions see the benefit of offering a way to carry payment information on those phones by means of digital wallets. As people are increasingly shopping through their phones new ways of mobile payment are strongly required. Technology known as digital wallet allows consumers to transfer money electronically from personal accounts in order to pay for goods or services using a range of programs. Besides that, digital wallets can accumulate loyalty cards information and digital coupons. This financial solution, also called an e-wallet, offers customers a feature-rich, secure and convenient payment mean.