Mobile wallets and credit cards: How do they work together?

In changing financial scenarios, mobile wallets are a new addition. You can link your credit card to a mobile wallet to avoid carrying a physical card every time you make a purchase.

What is a mobile wallet?

A mobile wallet is a digital version of your physical wallet that enables you to make expenses easily. It is an electronic wallet where you can add money for purchases. It acts as a replacement for a physical credit card, where you can make payments just with a tap.