Have you heard of mobile or digital wallets? With the rise of new technology and in this digitally savvy generation, almost everything is becoming cashless and paperless. Money as a means of payment has also evolved along history and has become less physical and more digital. Also, since the rise of smartphones in 2014 as the dominant tool for accessing the internet all over the world, even commerce is going mobile. Most of us use digital or mobile wallets in our everyday transactions without knowing it.