Digital Wallets: The Future of Transactions

What is a digital wallet primarily compared to in the video?

• A shopping cart

• A credit card

• A bank account

• A traditional wallet

Which of the following is NOT mentioned as a popular digital wallet platform?

• Venmo

• Google Wallet

• Apple Pay

• MasterCard

What is one of the main security features of digital wallets?

• Two-factor authentication

• Encryption and tokenization

• Password protection

• Fingerprint scanning

How can digital wallets help users manage their finances?

• By offering discounts on purchases

• By providing investment advice

• By tracking spending and budgeting

• By offering loans

What is a crucial step to ensure the security of your digital wallet?

• Regularly update the app

• Use a strong password

• Enable location services

• Link it to multiple bank accounts