e-wallet meaning: definition, etymology and quotations

e-wallet

noun

Etymology From e- (“electronic”) + wallet.

Business, Finance An electronic data store for a customer's e-money, credit card details, etc.

The concept of virtual cash, and its associated counterpart, the e-Wallet or Digital Wallet became popular vocabulary in the 1990s when a number of initiatives were launched. The digital wallet, either stored on a physical medium such as a smart card of some kind […] or sitting on a server somewhere in cyberspace, began taking form.2002, Michael Chesher, Rukesh Kaura, Peter Linton, chapter 3, in Electronic Business & Commerce, Springer Science & Business Media, →ISBN, page 53: